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Level 2
March 20, 2022
Solved

Medical coverage deduction for dependant college student

  • March 20, 2022
  • 5 replies
  • 48 views

Retired couple on Medicare.  Medical and Dental coverage purchased for dependent.  Is this cost deductible?

    Best answer by Bsch4477

    If the person qualifies as your dependent medical expenses  for them are an itemized medical deduction but only if you itemize. You can only deduct an amount of total medical expenses greater than 7.5 percent of your AGI. 

    5 replies

    Bsch4477Level 15Answer
    Level 15
    March 20, 2022

    If the person qualifies as your dependent medical expenses  for them are an itemized medical deduction but only if you itemize. You can only deduct an amount of total medical expenses greater than 7.5 percent of your AGI. 

    Level 15
    March 20, 2022

    The cost of the Medical and Dental coverage purchased for your dependent can be included as a medical expense on Itemized deductions, Schedule A. This TurboTax link has instructions to enter the expense.

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    Alumni - Champ
    March 20, 2022

    State tax deduction may be different.