Are my out of pocket cataract surgery expenses deductible

[Rachel_W]

Yes, if you itemize your deductions on Schedule A, your out of pocket expenses for cataract surgery can be included as medical expenses.

Keep in mind medical expenses are subject to a 7.5% floor, meaning only the portion in excess of 7.5% of your Adjusted Gross Income become deductible on Schedule A.

Finally, your medical expenses plus your other itemized deductions still must exceed your standard deduction before they increase your refund (or lower your balance due).

The Standard Deduction has been increased in 2018 to the following amounts based on your filing status:

• Single/Married File Separate- $12,000
• Head of Household- $18,000
• Married Filing Joint- $24,000

Check out the TurboTax FAQ below for more details on deducting medical expenses:

https://ttlc.intuit.com/replies/4774889