If I had more medical expenses than the allowable one, what do I do?

[xmasbaby0]

Not sure what you mean by the "allowable one."   Enter all of your out of pocket medical expenses and let the software do the calculations.

If you receive Social Security benefits, your Medicare is deducted from your SS.   When you enter the SSA1099 for your Social Security, the amount paid for Medicare flows automatically to the medical expense section of the software, so do not enter it again.

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)

[SharonD007]

There isn't a cap on deductible medical expenses, but you must have enough deductions to itemize on your Schedule A. Review the TurboTax article: What Are Itemized Tax Deductions? to find out if you have other deductions to itemize.

Once you determine that you have enough deductions to itemize, you will be able to deduct allowable medical expenses that exceed 7.5% of your AGI (TurboTax will do the calculation).

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

 You can also deduct medical mileage for medical visits and to pick up prescriptions. Refer to the IRS website What medical expenses are included for transportation and the TurboTax Help article Can I deduct medical mileage and travel?