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We had + $5K in medical exp in '17. for supplemental ins. , dr visits & RX. I am retired & spouse is pt time. Have not itemize. Do we claim our med exp for '18?

Forum|Forum|7 years ago
June 3, 2019
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Best answer by Vanessa11_2

If you only have $5,000 in medical expenses in 2018 again, then no you would not claim your medical expenses as the Standard Deduction has increased to $24,000 ($26,600) if you are both over 65. So your standard deduction would be higher than your itemized deduction, therefore you would do better to take the standard deduction.

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Vanessa11_2Answer

Employee

If you only have $5,000 in medical expenses in 2018 again, then no you would not claim your medical expenses as the Standard Deduction has increased to $24,000 ($26,600) if you are both over 65. So your standard deduction would be higher than your itemized deduction, therefore you would do better to take the standard deduction.

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