There's some new information for to know when you file your taxes this year.
Earlier today, the IRS personal protective equipment including face masks, hand sanitizer and disinfecting wipes can be deducted as a medical expense when filing taxes.
The agency clarified the rules surrounding this personal protective equipment, saying the amounts paid for it are viewed as for medical care under the IRS code.
Meaning that purchases of COVID-19 PPE for use by an individual taxpayer, their spouse or dependents that are not covered by insurance can be deducted, so long as total medical expenses exceed 7.5% of adjusted gross income.
For a full breakdown on what is considered deductible as a medical expense when filing taxes, click here.