Medical Expense Deduction Calculator
Medical Expense Deduction Estimator
Calculate your deductible medical expenses above the 7.5% AGI floor
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Formula
Deduction = Total Medical Expenses - (7.5% x AGI); must be positive and must itemize
Frequently Asked Questions
What medical expenses are tax deductible?
Deductible medical expenses include doctor visits, hospital stays, prescription medications, health insurance premiums (if not pre-tax), dental and vision care, medical equipment, and travel for medical care.
What is the 7.5% AGI threshold for medical expenses?
You can only deduct the portion of medical expenses that exceeds 7.5% of your AGI. For example, with $80,000 AGI, only medical expenses above $6,000 are deductible.
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