Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 22, 2025 9:14:51 AM

I put in all of my medical expenses, which were 6000 double what I needed. And it didn’t help I didn’t change anything. Why?

0 2 1285
2 Replies
Expert Alumni
Apr 22, 2025 9:22:26 AM

Medical expenses are only deductible for the amount that is over 7.5% of your AGI. This means if your AGI is $50,000, then the amount that is over $3,750 is deductible.  So if your AGI is $50,000 and your medical expenses are $6,000, then you would only have $2,250 of medical expenses going towards your itemized deductions. 

Itemized expenses include mortgage interest, gambling losses up to winnings,  charitable contributions, state and local taxes up to $10,000, medical expenses in excess of 7.5% of your AGI and casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss.   

 

Then your total itemized expenses would need to be greater than your standard deduction below in order to benefit from your expenses. 

 

The 2024 Standard Deductions are as follows:

  • Married Filing Joint (MFJ)              $29,200
  • Married Filing Separate (MFS)      $14,600
  • Head of Household (HOH)             $21,900 
  • Single                                                 $14,600                                

Blind or over 65 and MFJ or MFS add $1,550

Single or HOH if blind or over 65 add $1,950

 

 

Standard versus Itemized Deduction

Level 15
Apr 22, 2025 9:23:09 AM

There is more than one threshold to meet; if both are not met, then medical expenses have no effect.

 

MEDICAL EXPENSES

The medical expense deduction has to meet a rather large threshold before it can affect your return. The amount of medical (including dental, vision, etc.)  expenses that will count toward itemization is the amount that is OVER 7.5% of your adjusted gross income. You should only enter the amount that you paid in 2024—do not include any amounts that were covered by insurance or that are still outstanding.  Of course, your medical expenses plus your other itemized deductions still have to exceed your standard deduction before you will see a difference in your tax due or refund.

 

To enter your medical expenses go to Federal>Deductions and Credits>Medical>Medical Expenses

 

 

2024 STANDARD DEDUCTION AMOUNTS

SINGLE $14,600    (65 or older/legally blind + $1950)

MARRIED FILING SEPARATELY            $14,600    (65 or older/legally blind + $1550)

MARRIED FILING JOINTLY $29,200    (65 or older/legally blind + $1550)

HEAD OF HOUSEHOLD $21,900    (65 or older/legally blind + $1950)