Is cataract lens replacement cost deductible

[alisonrichards99]

lenses are they deductible

[rjs · Accepted solution]

Yes, it is deductible as a medical expense if you use itemized deductions instead of the standard deduction. Only medical expenses in excess of 7.5% of your Adjusted Gross Income (AGI) are deductible. (Enter the full amount that you paid in TurboTax. TurboTax will subtract 7.5% of your AGI.) In addition, medical expenses are an itemized deduction. They will not reduce your tax or increase your refund unless your total itemized deductions are more than your standard deduction.