I am itemizing my tax return. Do I need to be concerned about medical deduction limits?
When itemizing a tax return, medical deduction limits is generally not an issue for most people. You can deduct the medical expenses that are more than a percentage of your adjusted gross income (AGI). Depending on your age and the tax year, this percentage is either:
- 7.5% of your AGI
- 10% of your AGI
You report medical expenses on Schedule A, and you must itemize to deduct them.
You can deduct medical expenses for disease:
- Diagnosis
- Cure
- Easing
- Treating
- Prevention
If one of those applies, you can also include the associated costs for:
- Equipment
- Supplies
- Diagnostic services
The expenses must be primarily to improve or prevent a physical or mental deficiency or illness.
Related Resources
Need to attach documents to your e-filed return? Find out from the tax experts at H&R Block about how Form 8453 is used to e-file your return.
What's the maximum Saver's Credit you can receive? Learn more from the tax experts at H&R Block.
Does your child receive Social Security benefits? Learn how these benefits may affect their taxes. Get tax answers from H&R Block.
Whether you have to file state taxes depends on a few factors. In some cases, you may not be required to file state taxes if you only lived in the state a short time or if your income is below a certain level.
