I got a big surprise medical bill last year. Its going to take me years to pay it off. Can I deduct the whole cost this year? If I only deduct the payments each year ,I'm sure I wont make the 7% threshold. The surgery was in 2024 and to my surprise insurance approved it but there was a rider that capped the amount that I wasn't aware of. I finally had to set up a payment plan to keep it from going to collections.
