@bganderson wrote:
Actually, it appears to me that TurboTax Federal is using last year's percentage of 7.5% instead of the new 10% to calculate the allowable deduction for medical expenses. In the TurboTax Georgia State, it is using the new 10% and is deducting the additional 2.5% from my income as a FEDERAL TAX INCOME ADJUSTMENT.
The $2028 amount added is exactly 2.5% of my income.
I have a call into support (my third) to discuss this with them. In the instructions on Schedule A 2019, it shows "Multiply line 2 by 7.5% (0.075)".
The federal medical expense limitation is 7.5% of the federal AGI, not 10%, in 2019.
As stated on the IRS 2019 Schedule A Line 3 - https://www.irs.gov/pub/irs-pdf/f1040sa.pdf
