text: Lexo. Nothing is fully tax deductable except for retirement savings. At best, expenditures (including altruistic charitable givings) are tax creditable. A big difference from fully deductible.  Seniors can earn a tax credit on medical expenses, small as it may be. Seniors receive an additional non-refundable tax credit of $7,000 federally. Seniors can split their taxable income.
  
  Everybody can't have ALL the tax credits that everyone else has. It is about finding a balance - and in balance, seniors have many tax breaks.