2019 medical deduction threshhold

What is the medical deduction threshold for 2019?  I see either 7.5% of AGI  or 10% of AGI mentioned in different places.  The Schedule A form in Turbotax shows 7.5% but the actual Schedule A form from the IRS site shows 10%.  Which is correct?

Kat
Level 15
Level 15

Deductions & credits

The medical deduction threshold of 7.5% has been extended to include 2019, as of 12/19/2019.  See the linked publication below for more info on updates.  Thanks to SuperUser @rjs for provision of the link

 

https://engagetax.wolterskluwer.com/Consolidated-Appropriations-Act-2020

 

 

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*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
rjs
Level 15
Level 15

Deductions & credits


@RonS1 wrote:

The Schedule A form in Turbotax shows 7.5% but the actual Schedule A form from the IRS site shows 10%.


The IRS published Schedule A for 2019 earlier in December, before the new law was passed. They have not yet updated Schedule A to reflect the retroactive change in the new law.

Deductions & credits

In a prior conversation with tax adviser, Rob I mentioned to him that Turbo Tax's instructions relative to a deduction for real estate taxes refers the user to 2018 Schedule A but its references to items 5a and 5b seem to  incorrectly refer to the wrong statement. He asked me to send my comment to you.

Deductions & credits

Looking for a response to to subject message. Was I wrong?

Nick 1933

BillM223
Expert Alumni

Deductions & credits

Could you restate the question for us, please? We are not privy to whatever you and Rob may have talked about.

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