WillK
Intuit Alumni

Deductions & credits

The medical insurance that you paid for out of pocket, along with the Rx's and other medical expenses can be deducted on your personal tax return. 

Medical expenses are an itemized deduction on Schedule A and are deductible to the extent they exceed 7.5% of your adjusted gross income (AGI). Please click here for more information: https://www.irs.gov/taxtopics/tc502.html

 

[edited 3/20/2020@5;58pm]

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