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New Member
posted Mar 10, 2025 5:57:24 PM

i have over 16000.00 in medical bills in 2024. why is it only counting a portion of that ?

everything is entered correctly

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2 Replies
Level 15
Mar 10, 2025 5:59:29 PM

the $16K is reduced by 7.5% of line 11 (adjusted gross income) of your return. 

Expert Alumni
Mar 10, 2025 6:01:38 PM

Medical expenses are not fully deductible.  They are only deductible as an itemized deduction to the extent the exceed 7.5% of your AGI.

 

Here is some more information on medical expenses: Are Medical Expenses Tax Deductible?