Yes if your total medical expenses reach 10% or more of your adj gross income then the amout above the 10% is deductible. Example..if your adj gross income is 50,000 than medical expenses that exceed 5000 would be deductible but only if you itemize. If you take the standard deduction then no. You should add all expenses, ins premiums, pres.copays, doc copays, mileage to doc visits, his cost to nursing home. Your tax advisor can help you work it all out.
5 Answers
Helpful Newest
First Oldest
First
ADVERTISEMENT