What is the medical tax deduction for 2019

[SweetieJean]

Please explain what you are asking.  Are you asking about the medical expenses deduction?  The Insurance Premium Tax Credit?  Some state deduction/credit?

[VolvoGirl]

You can only deduct the amount of unreimbursed Medical Expenses you actually paid over 7.5% of your AGI.  And then all your itemized deductions has to be more than the standard deduction to get any benefit (so you would only be getting the benefit of the amount that puts you over the standard deduction).

For 2018 the standard deduction amounts are:
Single 12,000 + 1,600 for 65 and over or blind
HOH 18,000 + 1,600 for 65 and over or blind
Joint 24,000+ 1,300 for each 65 and over or blind
Married filing Separate 12,000 + 1,300 for 65 and over or blind

Do you think you will have enough to itemize this year?  This year the Standard Deduction will be doubling so many people will be switching to the Standard Deduction.  And there is a max 10,000 limit (5,000 MFS) of property tax and state taxes "SALT".

FAQ on 2018 changes <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return">htt...>

[xmasbaby0]

@SweetieJean @VolvoGirl    Does it go to 10% of AGI for 2019?

[VolvoGirl]

Oh 2019?  I don't know.

[xmasbaby0]

Something about it is making my brain itch--but not sure.

[SweetieJean]

Beginning in 2019, all taxpayers may deduct only the amount of the total unreimbursed allowable medical care expenses for the year that exceeds 10% of their adjusted gross income.
<a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/tax-tips/health-care/can-i-claim-medical-expenses-on-my-taxes/L1htkVqq9"...>

[VolvoGirl]

Thanks

[xmasbaby0]

Thanks @SweetieJean  ! !       I thought so but was unsure.

[SweetieJean]

Answered in comments.