Wrong Total for Medical Expenses

Forum|Forum|11 months ago
April 8, 2025
1 reply
0 views

I've entered my data carefully, but for the medical expenses Turbotax is showing $42,000 rather than the actual amount which is closer to $15,000. When I click on that total to see how the number was arrived at, it takes me through the numbers I entered - then insists on giving me a total that is so far out of line that it's implausible. Help!

VolvoGirl

Employee

That is quite a lot more so this probably won’t help.

Did you enter any self employed health insurance under schedule C? If you couldn't use it all there then the difference goes to schedule A. If your health ins exceeds your net self-employment income it gets split. An amount equal to your net self-employment income goes on Form 1040 Schedule 1 line 16 and the remainder gets added in to medical expenses on Schedule A.

Medical can come from other places, even from a W2 or 1099R.

Did you buy health insurance from the Marketplace exchange? Or have to pay back the subsidy? If you went to an exchange for Health Insurance, and had to pay back some of the subsidy, part of the adjustment will flow to Schedule A.

If you get Social Security benefits the medicare deduction on your SSA-1099 will flow to Schedule A.

Or are you seeing the amount listed for the 7.5% of AGI?