2485664
You'll need to sign in or create an account to connect with an expert.
Artificial insemination, in vitro fertilization (IVF), and the temporary storage of eggs and/or sperm are deductible medical expenses.
However, the general rule is that if you must have medical expenses that are more than 10% of your adjusted gross income for you to claim those expenses as a deduction
The threshold for claiming medical expenses is the out of pocket expenses over 7.5% of your AGI.
https://turbotax.intuit.com/tax-tips/health-care/medical-expenses-checklist/L6MkxxlyW
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 2021—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
2021 STANDARD DEDUCTION AMOUNTS
SINGLE $12,550 (65 or older + $1700)
MARRIED FILING SEPARATELY $12,550 (65 or older + $1350)
MARRIED FILING JOINTLY $25,100 (65 or older + $1350 per spouse)
HEAD OF HOUSEHOLD $18,800 (65 or older +$1700)
Legally Blind + $1350
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
hgomez23
New Member
Luna_Tax
Level 3
in Education
patton2221
New Member
likesky1010
Level 3
ugadawgs311
Level 2