Will my daughter be able to deduct charges for a bariatric procedure to treat obesity, for which she had to take out a loan?

[mdm2255]

She met the criteria for the required medical diagnosis however, due to the limitations of her health plan, had to pay out of pocket for the actual procedure.  It was a substantial amount of money for which she and her husband obtained personal loans. 

[Coleen3 · Accepted solution]

She can deduct any medical expenses she actually paid in 2018. It is an itemized deduction, on Schedule 
A. She does not get 100% of the deduction, however, since there is a 7.5% of AGI floor that must be met. 

Many people who itemized in the past, no longer have to since the standard deduction has been greatly increased for 2018.

[mdm2255]

Thanks!  Not much income there, so pretty sure she'll qualify on this one.  It was not an inexpensive procedure.