Yes my question is if I go to the methadone clinic and have spent over $6000.00 this year alone can I claim that on my income tax and if so what percentage would I get back or would I get the whole amount back. Was told that I could and would receive the whole amount back

To deduct unreimbursed, out-of-pocket medical, dental, and vision costs on your federal return: You must take the itemized deduction; The expenses for you, your jointly-filing spouse, and your dependent(s) must exceed 7.5% of your adjusted gross income (AGI); and Only the portion above and beyond 7.5% of your AGI(Form 1040 or 1040-SR, line 11) is deductibleFor more information:2023 Instructions for Schedule A (2023)

J

Joshs98

Question

Medical claims

Forum|Forum|2 years ago
February 27, 2024
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Yes my question is if I go to the methadone clinic and have spent over $6000.00 this year alone can I claim that on my income tax and if so what percentage would I get back or would I get the whole amount back. Was told that I could and would receive the whole amount back

M

MayaD

To deduct unreimbursed, out-of-pocket medical, dental, and vision costs on your federal return:

You must take the itemized deduction;
The expenses for you, your jointly-filing spouse, and your dependent(s) must exceed 7.5% of your adjusted gross income (AGI); and
Only the portion above and beyond 7.5% of your AGI(Form 1040 or 1040-SR, line 11) is deductible