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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 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
Thank you for your quick response.
I already entered my medical expenses. TurboTax now says I have over $16,000 in medical expenses, but I think I only have about $11,000 in medical expenses. I need to see the detail of what is in the worksheet totaling to the over $16,000. This is material because if it were the higher number I could itemize, if it's the lower number, I should take the standard deduction.
When I go into the Review function on Medical Expenses now, I do not get taken to the detail lines for editing (like I do, for instance, if I try to Review property taxes). Instead I get sent to a screen with a simple message saying TurboTax is sorry I had medical expenses, the total amount deductible (based on the $16,000 in it's system), and that's it. I can't get to the detail sheet to check or revise it.
Try using the following steps to go back through the details of your medical expenses:
I have a similar problem. I enter $2571 of general med expenses and $1761 of LTCI premiums and Turbotax totals that up to $8100. And, when it carries it to my NM state return, it locks in the inaccurate $8100 and it won't let me add ACA premiums, which are deductible under NM law. It's a multi-faceted mess.
$2571 + $1761 = $4332 so for $8100 to be showing, the program is pulling in your ACA premiums. You do not need to enter them separately for NM. The program will handle that for you.
Thanks but my ACA premiums don't match the difference. I ended up just plugging into the fed return a number that bore no relationship to any health expenditures on my part (not ACA premiums, not APTC, not HSA contribution, not HSA withdrawal) but that nevertheless generated the correct number on my NM return. I worked this out while I was discussing it with a Turbotax rep on the phone and it's pure kludge, but it got me where I need to be, so we just let it lie there.
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