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Tax Year Prior to 2020: Medical Expenses deduction
I'm just finding out just how messed up TurboTax 2019 is!
Schedule A, in a just updated TT Deluxe 2019 says medical expenses that exceed 7.5% of AGI are deductible.
Current Publication 502 for 2019 says medical expenses that exceed 10% of AGI are deductible.
I checked because I just saw a Dave Ramsey email about tax changes that said that for 2019, the threshold is 10%, NOT 7.5%, as for previous years.
It's January 30! It's ridiculous that by now, Turbotax can't get something like this right.
‎January 30, 2020
3:46 PM