What is the medical deduction threshold for 2019? I see either 7.5% of AGI or 10% of AGI mentioned in different places. The Schedule A form in Turbotax shows 7.5% but the actual Schedule A form from the IRS site shows 10%. Which is correct?
The medical deduction threshold of 7.5% has been extended to include 2019, as of 12/19/2019. See the linked publication below for more info on updates. Thanks to SuperUser @rjs for provision of the link
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The Schedule A form in Turbotax shows 7.5% but the actual Schedule A form from the IRS site shows 10%.
The IRS published Schedule A for 2019 earlier in December, before the new law was passed. They have not yet updated Schedule A to reflect the retroactive change in the new law.
In a prior conversation with tax adviser, Rob I mentioned to him that Turbo Tax's instructions relative to a deduction for real estate taxes refers the user to 2018 Schedule A but its references to items 5a and 5b seem to incorrectly refer to the wrong statement. He asked me to send my comment to you.
Could you restate the question for us, please? We are not privy to whatever you and Rob may have talked about.
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