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Deductions & credits
Yes. I am assuming you are talking about the Itemized deduction section. The supplemental Medicare insurance is included in additional medical insurance for itemized deductions.
Your health insurance and all medical expenses are only deductible for the amount that is over 7.5% of your AGI. This means if your AGI is $50,000, then the amount that is over $3,750 is deductible.
Itemized expenses include mortgage interest, gambling losses up to 90% or up to winnings (whichever is less), charitable contributions, state and local taxes up to $40,000, medical expenses in excess of 7.5% of your AGI and federally declared disaster casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss.
Then your total itemized expenses would need to be greater than your standard deduction below in order to benefit from your expenses.
The 2025 Standard Deductions are as follows:
- Married Filing Joint (MFJ) $31,500
- Married Filing Separate (MFS) $15,750
- Head of Household (HOH) $23,625
- Single $15,750
Blind or over 65 and MFJ or MFS add $1,600
Single or HOH if blind or over 65 add $2.000
(Edited 2/5/26@4:52AM)
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