For tax returns filed in 2023, taxpayers can deduct qualified, unreimbursed medical expenses that are more than 7.5% of their 2022 adjusted gross income. So if your adjusted gross income is $40,000, anything beyond the first $3,000 of medical bills — or 7.5% of your AGI — could be deductible.
For the 2021 and 2022 tax years:
You can deduct only the amount of your medical and dental expenses that is more than 7.5% of your AGI if you are itemizing our deductions.
For the 2020 tax year:
You can deduct only the part of your medical and dental expenses that exceed 7.5% of the amount of your adjusted gross income (AGI) as an itemized deduction.
For the 2019 tax year:
You can deduct only the part of your medical and dental expenses that exceeds 10% of the amount of your adjusted gross income (AGI).
Example: Your adjusted gross income is $100,000. Your medical and dental expenses total $15,000. Only the amount over 10% of your adjusted gross income, $10,000 will be used for this credit. Therefore, you could claim $5,000 of the $15,000 medical and dental expenses. This amount, $5,000 is the amount over the 10% of your adjusted gross income ($15,000 minus $10,000).
- Federal Section
- Select My Forms
- Itemized Deductions
- Medical and Dental Expenses – enter the total expenses here and the program will calculate the expenses allowed, based off of your AGI threshold.