topic Does the tax software include the medical expense deduction threshold of 7.5% for 2017? in Deductions & credits

Does the tax software include the medical expense deduction threshold of 7.5% for 2017?

bill-sergi — Thu, 06 Jun 2019 14:08:39 GMT

Change brought about by the new tax reform legislation.

Critter — Thu, 06 Jun 2019 14:08:41 GMT

It will but probably not until sometime late January due to the late change.

matador27 — Thu, 06 Jun 2019 14:08:42 GMT

Is is certain that the Medical Deduction Threshold for 2017 (for everyone) is 7.5% of AGI?

xmasbaby0 — Thu, 06 Jun 2019 14:08:44 GMT

Yes. But it will take several weeks or so for the software to update for the change.

matador27 — Thu, 06 Jun 2019 14:08:46 GMT

Okay, because I ran an update this morning, and it still appears to be a 10% calculation.

SweetieJean — Thu, 06 Jun 2019 14:08:47 GMT

That's because the IRS has not approved Schedule A.

matador27 — Thu, 06 Jun 2019 14:08:48 GMT

Thanks for the prompt replies...