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Medical Itemized deductions are only allowed to the extent that they exceed 10% of your adjusted gross income (Line 38 of Form 1040). Or, if you (or your spouse) were born before born January 2, 1952, you can deduct the part of your medical (and dental) expenses that exceeds 7.5% of your adjusted gross income.
Look at your 2015 Form 1040 and see how much your Line 38 was, then do the same for 2016. If your 2015 adjusted gross income is lower than your 2016 adjusted gross income...this would lend to the fact that more was allowable last year. Here are some fake numbers to help explain:
Medical Itemized deductions are only allowed to the extent that they exceed 10% of your adjusted gross income (Line 38 of Form 1040). Or, if you (or your spouse) were born before born January 2, 1952, you can deduct the part of your medical (and dental) expenses that exceeds 7.5% of your adjusted gross income.
Look at your 2015 Form 1040 and see how much your Line 38 was, then do the same for 2016. If your 2015 adjusted gross income is lower than your 2016 adjusted gross income...this would lend to the fact that more was allowable last year. Here are some fake numbers to help explain:
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