medical expenses

Medical expenses can be deducted if they are paid for the diagnosis, cure, mitigation, treatment, or prevention of disease, or for treatments affecting any part or function of the body. Deductible expenses include payments for doctors, dentists, surgeons, and other medical practitioners, as well as costs for hospital services, prescription medications, and medical equipment. However, cosmetic surgery, non-prescription drugs, and general health expenses like vitamins or gym memberships are not deductible. The deduction is only available if you itemize deductions and the total medical expenses exceed 7.5% of your AGI. For example, if your AGI is $50,000, only the medical expenses exceeding $3,750 are deductible.