Are payments towards hearing aids and braces eligible to be used under medical expenses?

[ToddL99 · Accepted solution]

Yes, the costs of hearing aids and braces are eligible for the medical expense deduction. There are, however, limitations to this deduction.

To deduct unreimbursed, out-of-pocket medical, dental, and vision costs on your federal return:

• You must take the itemized deduction;
• The expenses for you, your jointly-filing spouse, and your dependent(s) must exceed 7.5% of your AGI (adjusted gross income); and
• Only the portion above and beyond 7.5% of your AGI is deductible.