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October 16, 2022
Question

Medical expense deduuction

  • October 16, 2022
  • 3 replies
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first time I put my deductions to itemize, I didn't put medical expenses in because I didn't think I had enough to use.  Took standard deduction but now I found I missed 2 large bills that will allow me to use medical expenses.  How do I change back to itemized deductions?

3 replies

Employee
October 16, 2022

Revisit the Deductions and Credits section.

 

 

LINDY218Author
October 16, 2022

I tried by it's not letting me

 

Critter-3
October 16, 2022
DoninGA
Employee
October 16, 2022

Note - If the medical expense has not been paid with out of pocket funds in 2021 you cannot enter the expense as an itemized deduction on Schedule A.

Employee
October 16, 2022

And.....it is very difficult to get past the threshold to use medical expenses---even if you paid high expenses.  You can only "count" the ones that went over 7.5% of  your AGI.

 

MEDICAL EXPENSES

The medical expense deduction has to meet a rather large threshold before it can affect your return. The amount of medical (including dental, vision, etc.)  expenses that will count toward itemization is the amount that is OVER 7.5% of your adjusted gross income. You should only enter the amount that you paid in 2021—do not include any amounts that were covered by insurance or that are still outstanding.  Of course, your medical expenses plus your other itemized deductions still have to exceed your standard deduction before you will see a difference in your tax due or refund.

To enter your medical expenses go to Federal>Deductions and Credits>Medical>Medical Expenses

 

 

2021 STANDARD DEDUCTION AMOUNTS

 

SINGLE $12,550  (65 or older + $1700)

 

MARRIED FILING SEPARATELY $12,550  (65 or older + $1350)

 

MARRIED FILING JOINTLY $25,100  (65 or older + $1350 per spouse)

 

HEAD OF HOUSEHOLD  $18,800  (65 or older +$1700)

 

Legally Blind + $1350

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
VolvoGirl
Employee
October 16, 2022

And did you already file?  You might need to Amend to change to itemized deductions.