Has anyone else been able to Print Smart Worksheet? Use to be included in all forms & worksheets & was very helpful, so could see how Turbo Tax was calculating. Online Deluxe Version.
| Smart Worksheet Medical Care Insur Allowable for Itemized Deduction Credit |
1 | Amount of medical care insurance (MCI) included in line 1 of federal |
| Schedule A. If none, skip lines 1-5 and go to line 6 |
2 | Total medical expenses from line 1 of federal Schedule A |
3 | Divide the amount on line 1 by the amount on line 2. Carry the decimal |
| to 4 places. This is your MCI ratio 3 |
4 | Fill in the amount from line 4 of federal Schedule A |
5 | Multiply line 4 by the decimal on line 3 |
6 | Long-term care (LTCI) included in line 1 of federal Schedule A. |
| If none, skip lines 7 and 8 and go to line 9 |
7 | Divide the amount on line 6 by the amount on line 2. Carry the decimal |
| to 4 places. This is your LTCI ratio |
8 | Multiply line 4 by the decimal amount on line 7 |
9 | Add lines 5 and 8 |
10 | Subtract line 9 from line 4. If zero or less, enter 0 (zero) |
11 | MCI subtracted on line 11 of Form 1. If none, skip to line 13 |
12 | Subtract line 11 from line 5. If zero or less, enter 0 (zero) |
13 | LTCI subtracted on line 11 of Form 1. If none, skip to line 15 |
14 | Subtract line 13 from line 8. If zero or less, enter 0 (zero) |
15 | Add lines 10, 12 and 14. This is the amount that may be used as medical |
| Expenses for the itemized deduction credit on line 1 of Schedule 1 |
