The medical treatment credit for individuals with fibroids will be extended to include those who are unable to work due to the condition.
The credit will be available for individuals who have been diagnosed with fibroid disease, an illness that can cause pain, swelling, or other problems that may cause discomfort.
The extension is effective for taxpayers filing for tax year 2017 through 2018.
The credits expire at the end of 2025 for taxpayers who have had fibroadenic surgery or those with fibromuscular disorders, such as osteoarthritis.
The medical treatment exemption is available for any taxpayer who is a member of a group of individuals that includes:A group of persons with the following characteristics:Individuals with fibrosis are unable or unwilling to work.
Individuals who have fibroadentosis (fibroids) have difficulty or difficulty with their ability to work because of the condition, orBecause of their fibroadence they are unable and/or unwilling to do any substantial work or activities.
Individual with fiburology is unable to perform work or other activities because of fibroadenedis unable and unwilling to perform any substantial amount of work or any other activities.
A taxpayer with fibromyalgia is unable or unresponsive to the physical exercise required for work or in other activities that are essential to their physical or mental well-being.
The credits are only available for taxable years beginning after the date of enactment of this law, which is January 1, 2021.
The new law also requires that individuals must meet certain employment requirements before the credits can be claimed.
The extensions were announced on Wednesday by the U.S. Department of Health and Human Services.
The changes come just months after the Trump administration said it would end the $300 million tax credit for people with fibrology, a condition that causes pain, painless swelling, fatigue, or difficulty in breathing.
The Treasury Department estimated the $3 billion in tax credits for individuals and small businesses would be available to more than 6 million taxpayers.
The new tax credit will expire on January 31, 2021 for taxpayers whose gross income is less than $5,000.
The tax credit is an exception to the $10,000 maximum gross income threshold.
The change means that a taxpayer who has a fibroadening condition will be eligible for an extension of the credit.
For those with the condition who are not unable to do work due a condition, the extension will not apply.
The extended credit is available to taxpayers who are a member or a parent of a qualifying spouse or domestic partner and have not previously received a tax credit.