2354767
You'll need to sign in or create an account to connect with an expert.
Medical expenses are deductible as an itemized deduction if you itemize. You can deduct total medical expenses that are greater than 7.5% of your AGI.
sorry. for tax purposes about the only thing available would be your medical expenses paid in 2020 (this would include medical expenses put on a charge card in 2020). your medical expenses would then be reduced by 7.5 % of your adjusted gross income. you could also take any other itemized expenses you would be entitled to. however, to be of any benefit, your itemized deductions would have to exceed your standard deduction.
if you have homeowner's insurance or renter's insurance, they may cover some of your medical costs because they were do to the crime.
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.
Sgoddard14
New Member
bgoodreau01
Returning Member
Veronicapena25
New Member
rgarchitorena
New Member
douglasjia
Level 3