Medical expenses include costs for preventing or treating injury or disease, such as insurance premiums, hospital visits, and prescriptions. Taxpayers who itemize deductions can deduct unreimbursed medical expenses exceeding 7.5% of their adjusted gross income (AGI). Deductible expenses cover payments to medical professionals, hospital care, prescription glasses, and transportation to medical facilities. Non-deductible expenses include cosmetic surgery and toiletries. The 7.5% threshold was made permanent by the Consolidated Appropriations Act of 2021.
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