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Deductions & credits
Medical expenses that are entered on Schedule A as an itemized deduction are only the expenses greater than 7 .5% of your AGI.
Ex: If your AGI is $50,000 then only your medical expenses over $3,750 can be entered on Schedule A. Meaning that if your total medical expenses were $3,000 then nothing would be entered on Schedule A.
‎January 24, 2025
12:22 PM