turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Agent Ford
Returning Member

Does it matter if I correctly categorize medical expenses?

When applying for deductions based on medical expenses in TurboTax 2019 I'm prompted to enter dollar amounts for individual categories (prescriptions, medical professionals fees, medical facility fees, Lab and x-ray fees, & insurance premiums being those that are applicable in my circumstance).

 

My insurance's website only breaks down expenses as Medical, Prescription, and Dental. Tracking down the receipts is next to impossible due to them being almost all digital and spread among 4-5 different medical payment platforms. I'm not sure what amount to put in each category TurboTax is showing. Also, would you re-enter expenses that applied under both premiums and another category or only put such expenses in one section or the other? 

 

Sorry for such newbie questions, but this is the first year that I've ever had such tremendous medical expenses. 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

Does it matter if I correctly categorize medical expenses?

Group the expenses any way that makes sense but only use an expense once. 

Does it matter if I correctly categorize medical expenses?

Group the expenses any way that makes sense but only use an expense once. Be sure you only deduct expenses that were not reimbursed. 

Anonymous
Not applicable

Does it matter if I correctly categorize medical expenses?

you could list all your medical expenses as a single total.  detail is not reported to the IRS. 

Does it matter if I correctly categorize medical expenses?

When you enter medical expenses in TurboTax, it asks you a whole lot of questions to help you include everything that can be entered.  Really what matters in the end is the total of all of it; that is what will go on your tax form, so don't get too frazzled trying to make sure everything is in the "right" category as long as you enter it all, and do not enter anything twice.

 

 

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 2019—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

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies