KathrynG3
Expert Alumni

Deductions & credits

It depends. First, it is important to not have zeros in the program unless specifically required. I recommend deleting the zeros so the entries are blank.

 

Second, there is a "7.5% floor" calculation for medical expenses. Please double check Schedule A. If the amount you are seeing is on line 3 and not line 4, this is an automatically generated calculation. It does not affect your return totals.

 

Third, there could be an amount that is deductible from any social security. Medicare costs are entered in this section. 

 

Keep in mind the IRS does not allow "a double dip." The HSA is already tax preferred. Any medical expenses paid through it are not deductible again on Schedule A. Instead, as TurboTax Employee Tax Expert, MaryK1101 stated, these are reported in the 1099-SA section of your return.

 

See the articles below for how to enter these details in your program:

What is a health savings account (HSA)?

Where do I enter my 1099-SA?

What is Form 8889?

@xoxo232