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Deductions & credits
Since you are filing as Married Filing Jointly your Standard Deduction is $27,700 if you are both under the age of 65. You would need over $27,700 of itemized deduction to have any tax benefit on your tax return.
Medical expenses are entered on Schedule A as an itemized deduction. Then only the amount of expenses greater than 7.5% of the Adjusted Gross Income (AGI) can be entered as an itemized medical deduction.
‎April 12, 2024
8:28 AM