My wife was in the hospital for the birth of our 2nd child and our hospital bill was over $6000. We set up a payment plan and haven't repayed it all. Can we claim that?

joeboo888 — Wed, 05 Jun 2019 18:48:55 GMT

You can only deduct medical expenses/insurance you actual...

Marketstar — Wed, 05 Jun 2019 18:48:56 GMT

You can only deduct medical expenses/insurance you actually paid in 2016 if you itemize and the total expenses for you, your spouse, and your dependents exceed 10% of your adjusted gross income (7.5% if you're 65 or older as of December 31, 2016). The deduction is limited to the expenses above and beyond this amount.

See Deducting Medical, Dental, and Vision Expenses

To enter your medical /insurance expenses -

Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Medical
On Medical Expenses, click the start or update button

topic My wife was in the hospital for the birth of our 2nd child and our hospital bill was over $6000. We set up a payment plan and haven't repayed it all. Can we claim that? in Deductions & credits

My wife was in the hospital for the birth of our 2nd child and our hospital bill was over $6000. We set up a payment plan and haven't repayed it all. Can we claim that?

You can only deduct medical expenses/insurance you actual...