Can i deduct medical/dental bills that were paid?

Answer 1

Off of your taxes? Yes!
You need to fill out a form 1040 and schedule A. On the schedule A there is a spot for medical and dental payments.

Answer 2

You can deduct only the amount by which your total medical care expenses for the year exceed 7.5% of your adjusted gross income.

Another way to save money at tax time if you are paying out-of-pocket medical expenses is to open an Flexible Spending Account if your employer offers it. This allows you to set up a tax shelter for the money which you estimate you might pay in a year to medical expenses. You save money in the long run because you are essential paying your expenses with pre-tax money, as opposed to after-tax money.

Answer 3

The Internal Revenue Service lets you deduct medical costs as long as they are more than 7.5 percent of your adjusted gross income.

Answer 4

If you itemize, you can deduct the amount of your medical expenses that were higher than 7.5% of your income.