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Level 5
Mar 28, 2025 3:11 AM UTC
Solved

Medical Expenses - 2024

Hi,

TT is asking did I or my spouse have medical expenses greater than $23,765 in 2024.
Where is TT coming up with this amount?

    rjs
    rjsAnswer
    Level 15
    Mar 28, 2025 4:05 AM UTC

    The amount in the question is 7.5% of your AGI. Only medical expenses in excess of 7.5% of AGI are deductible. If your total unreimbursed medical expenses are less than 7.5% of your AGI you would have no deduction, so there's no point in even entering the expenses.


    If you do enter medical expenses, enter the full amount that you paid. TurboTax will subtract 7.5% of your AGI.


    Some states have a lower threshold for medical expenses on the state tax return. If you live in one of those states, the amount that TurboTax asks about will be less than 7.5% of AGI because you might be able to get a deduction on the state tax return even if your expenses are not high enough to get a deduction on the federal tax return.

     

    1 reply

    rjs
    Level 15
    rjsLevel 15Answer
    Level 15
    Mar 28, 2025 4:05 AM UTC

    The amount in the question is 7.5% of your AGI. Only medical expenses in excess of 7.5% of AGI are deductible. If your total unreimbursed medical expenses are less than 7.5% of your AGI you would have no deduction, so there's no point in even entering the expenses.


    If you do enter medical expenses, enter the full amount that you paid. TurboTax will subtract 7.5% of your AGI.


    Some states have a lower threshold for medical expenses on the state tax return. If you live in one of those states, the amount that TurboTax asks about will be less than 7.5% of AGI because you might be able to get a deduction on the state tax return even if your expenses are not high enough to get a deduction on the federal tax return.