Medical contribution not showing on TaxTim calculator result.
By Marc Sevitz · Updated
On your tax calculator, I have filled in my details, and filled in my medical aid contribution paid by myself for the full year. The amount it calculates is not what I expected, as with the calculation at the bottom of the results, my medical contributions are not taken into account to calculate the result amount. Why are my medical contributions not taken into account when calculating my tax return?
A very complicated formula is used to calculate the tax deduction for the medical aid credit.
It may be that your medical aid contributions are not high enough to warrant a further medical aid tax credit.
See reasons why I don't get a tax deduction for out of pocket medical aid expenditure
If it still does not make sense, please come back and we can look at your question in more detail.
It may be that your medical aid contributions are not high enough to warrant a further medical aid tax credit.
See reasons why I don't get a tax deduction for out of pocket medical aid expenditure
If it still does not make sense, please come back and we can look at your question in more detail.