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which expenditures count as medical expenses for itemized deduction purposes?

which expenditures count as medical expenses for itemized deduction purposes?
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Answer #1

In 2019, the IRS allows to deduct expenses paid that year for medical and dental care for the individual, his spouse, and his dependents, the total qualified unreimbursed medical care expenses for the year that exceeds 7.5% of their adjusted gross income. Beginning in 2020, the threshold amount increases to 10% of AGI.

The IRS allows deduction of preventative care, treatment, surgeries and dental and vision care as qualifying medical expenses.

It also includes payments of fees to doctors, dentists, surgeons, chiropractors, psychiatrists, psychologists, and non-traditional medical practitioners. Prescription medications and appliances such as glasses, contacts, false teeth and hearing aids are also deductible.

However, any medical expenses reimbursed either by your insurance or employer, cannot be deducted.

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