Can I write off medical expenses?
TL;DR
Yes, you can write off medical expenses, but only if they exceed 7.5% of your adjusted gross income and you itemize your deductions.
Detailed Answer
Where to Put It on the Tax Form
These deductions are reported on Schedule A (Form 1040), line 1.
Real World Example
For example, if your AGI is $50,000, only medical expenses above $3,750 (7.5% of $50,000) can be deducted. So if you have $5,000 in medical expenses, you can deduct $1,250.
Calculation Required
A calculation is required for this deduction.
To calculate your medical expense deduction, you first need to calculate 7.5% of your AGI. Then, subtract this amount from your total medical expenses. The result is the amount you can deduct.
Audit Risk & Documentation Tips
Keep all receipts and records of your medical expenses, including statements from your insurance company and receipts for prescriptions and doctor visits. The IRS may request these documents if your return is audited.
IRS Reference
IRS Publication 502, Medical and Dental Expenses
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Disclaimer: This is for informational purposes only and should not be construed as tax or legal advice. Always consult your tax advisor.
Page created on July 3, 2025