@NCperson wrote:
are we back to 7.5% threshold for medical deductions on schedule A for tax year 2021? I can find the 10% anywhere and that is what @vmsprague originally stated.
Yes, the 7.5% of AGI for medical expenses on Schedule A is valid for tax year 2020. For tax year 2021 it will be 10% of AGI unless Congress changes it again.
See this Forbes website - https://www.forbes.com/sites/kellyphillipserb/2020/10/26/irs-releases-2021-tax-rates-standard-deduct...
