3 analyses left
🧾

Medical Tax Deduction Calculator

If your medical expenses exceed 7.5% of your income, the excess is deductible on Schedule A. Find out how much you can deduct.

How it works: You can only deduct medical expenses that exceed 7.5% of your Adjusted Gross Income (AGI). You must itemize deductions on Schedule A (not take the standard deduction) — worth doing if your total itemized deductions exceed the standard deduction ($14,600 single / $29,200 married filing jointly in 2024).
$
Line 11 of Form 1040
$
Out-of-pocket only, not reimbursed
What Qualifies as a Medical Expense?
✅ Doctor & Hospital Visits
• Doctor office visits (copays and out-of-pocket)
• Emergency room visits
• Hospital stays and surgery
• Specialist visits (cardiologist, oncologist, etc.)
• Mental health and therapy sessions
• Inpatient treatment programs
✅ Dental & Vision
• Dental treatments (fillings, extractions, crowns)
• Braces and orthodontic treatment
• Prescription eyeglasses and contact lenses
• Eye exams
• LASIK eye surgery
• Hearing aids and batteries
✅ Medications & Medical Equipment
• Prescription medications
• Insulin (no prescription required)
• Prescribed over-the-counter medications
• Medical equipment (wheelchair, crutches, CPAP)
• Blood pressure monitors and glucose meters
• Medical alert bracelet/device
✅ Mental Health & Addiction
• Psychologist and psychiatrist visits
• Addiction treatment and rehab programs
• In-patient mental health care
• Prescribed psychiatric medications
✅ Long-Term Care
• Long-term care insurance premiums (age-based limits)
• Nursing home care (if primarily for medical)
• In-home medical care by a licensed nurse
• Adult day care (if for medical reasons)
✅ Other Qualifying Costs
• Ambulance services
• Fertility treatments and IVF
• Guide dog and service animal costs
• Medical mileage to/from appointments ($0.21/mile in 2024)
• Weight-loss programs prescribed for obesity/hypertension (not general wellness)
• Smoking cessation programs (if prescribed)
❌ Does NOT Qualify
• Health club / gym memberships (not prescribed)
• Cosmetic surgery and procedures
• Vitamins and supplements (unless prescribed)
• Teeth whitening
• Funeral expenses
• Electrolysis / hair removal
• Illegal drugs or treatments
• Maternity clothes
• Nursing care for healthy newborn
• Health insurance premiums paid with pre-tax dollars (HSA/FSA/employer plan)
⚠️ This calculator provides estimates only. Consult a tax professional for personalized advice. Tax laws change annually.
What to do next
Medical Tax Deduction Calculator — BillVeil