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New Member
posted Jun 6, 2019 12:23:16 PM

Why is the medical expense amount that turbo tax listed less than what I reported when I answered the questions?

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1 Best answer
Expert Alumni
Jun 6, 2019 12:23:17 PM

You're only allowed to deduct medical expenses if the total expenses for you, your spouse, and your dependents is above and beyond  7.5% of your AGI.

For example, single filer Linda's AGI is $35,000 and she incurred $4,000 in medical expenses. She can deduct $1,375 of her medical costs ($4,000 minus 7.5% of her AGI). As mentioned, she’ll need to itemize her deductions to see the effect on her refund.

Related Information:

1 Replies
Expert Alumni
Jun 6, 2019 12:23:17 PM

You're only allowed to deduct medical expenses if the total expenses for you, your spouse, and your dependents is above and beyond  7.5% of your AGI.

For example, single filer Linda's AGI is $35,000 and she incurred $4,000 in medical expenses. She can deduct $1,375 of her medical costs ($4,000 minus 7.5% of her AGI). As mentioned, she’ll need to itemize her deductions to see the effect on her refund.

Related Information: