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Include in medical expenses what you paid during the year for prescribed medicines, drugs and insulin. Except for insulin, you cannot include amounts paid for over-the-counter medicines even if prescribed (such as aspirin), or drugs that are not prescribed. Do not claim amounts reimbursed by insurance or that you did not actually pay.
No. Over the counter meds cannot be deducted as a medical expense. And.....really.....medical expenses are one of the most difficult deductions to get. A few bottles of OTC meds would not have any effect on your refund or tax due.
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 2023—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
2023 STANDARD DEDUCTION AMOUNTS
SINGLE $13,850 (65 or older/legally blind + $1850)
MARRIED FILING SEPARATELY $13,850 (65 or older/legally blind + $1500)
MARRIED FILING JOINTLY $27,700 (65+/legally blind) ) + $1500 per spouse
HEAD OF HOUSEHOLD $20,800 (65 or older/blind) + $1850)
https://turbotax.intuit.com/tax-tips/health-care/medical-expenses-checklist/L6MkxxlyW
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