DOES MY MEDICARE OUT OF POCKET EXPENSES FOR PRESCRIPTION DRUGS COUNT AS A DEDUCTION OR ONLY IN ITEMIZE DEDUCTIONS?

[VolvoGirl]

I don’t understand.   It would only be an itemized deduction if you take  itemized deductions on Schedule A.

[SharonD007]

You may deduct the cost of out of pocket costs for prescription drugs and other medical expenses if you have enough deductions to itemize on your Schedule A. The IRS allows all taxpayers to deduct their qualified unreimbursed medical care expenses that exceed 7.5% of their adjusted gross income. Review the TurboTax article: What Are Itemized Tax Deductions? to find out if you have other deductions to itemize.

Review the TurboTax articles: The Ultimate Medical Expense Deductions Checklist and Are Medical Expenses Tax Deductible?

[Mike9241]

It's a medical expense deductible on Schedule A