134264
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Don't want to go thru time and effort of breaking down ALL medical expenses, only to find it's better to take the standard deduction, as has been the case for many years

this year, turbo tax asking question I've never encountered re: a specific number of medical expenses.  did the deduction % change for 2016?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Don't want to go thru time and effort of breaking down ALL medical expenses, only to find it's better to take the standard deduction, as has been the case for many years

The various breakdowns of medical expenses in the TT interview are just TT's way of helping you organize your information.  Only the total of medical expenses is included in your final tax return.  So if you want to just put the total of all your medical expenses into any one of the interview boxes, that's fine.  There is one exception.  Any amount you claim for long-term medical care insurance premiums needs to be in the specific box for those premiums.  The deductibility of these premiums is based on your age so it needs special attention which TT gives it when you put it in its proper place.

View solution in original post

2 Replies

Don't want to go thru time and effort of breaking down ALL medical expenses, only to find it's better to take the standard deduction, as has been the case for many years

The various breakdowns of medical expenses in the TT interview are just TT's way of helping you organize your information.  Only the total of medical expenses is included in your final tax return.  So if you want to just put the total of all your medical expenses into any one of the interview boxes, that's fine.  There is one exception.  Any amount you claim for long-term medical care insurance premiums needs to be in the specific box for those premiums.  The deductibility of these premiums is based on your age so it needs special attention which TT gives it when you put it in its proper place.

Don't want to go thru time and effort of breaking down ALL medical expenses, only to find it's better to take the standard deduction, as has been the case for many years

Thank you! I thought I HAD to break each category down, i.e. drug, labs, doc visits, premiums, etc.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question