Nurse: Not only did you get hit by lighting and a meteor on the same day, you won the lottery...but your winnings and medical bills came out the same! ...You are soooo lucky!!
If his medical bills are equal to his lottery winnings, the IRS won’t get a “share.” He wouldn’t have enough taxable income for that year.
June 27, 2016
June 28, 2021
If his medical bills are equal to his lottery winnings, the IRS won’t get a “share.” He wouldn’t have enough taxable income for that year.