What medical expenses can I deduct from my income tax?

Answer 1

The answer to that is numerous things

see the attached link from the IRS website
Publication 502
http://www.irs.gov/publications/p502/index.html

http://www.irs.gov/publications/p502/ar02.html#d0e630

Answer 2

Pretty much anything medical related - insurance payments and copays, doctor visits, hospital and other medical bills, prescriptions, mileage for travel to medical appointments - see Rob's link above for more detail.

You can only deduct medical expenses if you itemize, and you have to subtract 7.5% of your AGI (adjusted gross income) from the expenses before you can deduct.

Anything reimbursed is not deductible. Items that are deductible are itemized in the year when you paid them. If you put them on a credit card, the time you put them on the card is when you're considered to have paid them, not when you paid off the card.

Over-the-counter meds are not deductible.

Answer 3

Medical expenses are deducted on Schedule A as an itemized deduction. They are limited by an exclusion equal to 7.5% of Your AGI. (if you have 10K income you must have more than $750 expenses before they count). If you use standard deduction you will not include or increase that amount with additional medical expenses.

Answer 4

The first three answered correctly. One minor note....if your doctor prescribes over the counter medicine, supplies, nutritional supplements, it may be deductible....

Also, remember that you may not be able to itemize on your Federal return, but some States allow you to itemize on State while only filing the Standard Deduction on your Federal return...

good luck