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New Member
posted Jun 3, 2019 2:01:15 PM

Should I amend my 2018 taxes if I neglected to enter the full year of medical premiums that I paid while itemizing deductions?

I only entered one month of premiums I paid. Could this make a difference on my taxes owed?

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1 Replies
Intuit Alumni
Jun 3, 2019 2:01:16 PM

It depends on the total amount of medical expenses that you are currently claiming. You only get to deduct the portion of your 2018 medical expenses that exceed 7.5% of your Adjusted Gross Income (AGI). If your current medical expenses are over or close to being over the 7.5% threshold then you will benefit by including these expenses.