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I unfortunately had to pay out of pocket $3610.97 in medical bills can I include this in my taxes
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Yes, you can enter this information into TurboTax but it does not guarantee a deduction in itself. First, the Medical Expenses Deduction is an Itemized deduction reported in Schedule A. This means is that in order for the itemized deductions to benefit your Refund the sum of the Itemized Deductions in Schedule A must exceed the amount of your Standard Deduction. Second, only the portion of your total Medical Expenses that exceed 10% of your AGI are allowable for deduction. In your case if your AGI is at or greater than $36,109.70 these expenses will not be deductible.
Standard Deduction Table
- Single $6,300.00
- Married Filing Joint or Qualified Widow(er) $12,600.00
- Married Filing Separate $6,300.00
- Head of Household $9300.00
- Dependent $1,050.00
Additionally I have attached a checklist of common Deductibles to help you maximize your Schedule A.
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