Taxpayers who itemize deductions may be able to claim medical and dental expenses for themselves, their spouse, and dependents. These expenses must exceed 7.5% of adjusted gross income (AGI) to qualify. Only costs that are not reimbursed by insurance or other sources can be deducted.
What Medical Expenses Are Deductible?
Eligible expenses include:
Payments to doctors, dentists, surgeons, and other medical professionals.
Costs of hospital stays, nursing home care, and inpatient treatment for addiction recovery.
Acupuncture treatments and weight-loss programs prescribed by a doctor.
Prescription medications, insulin, and certain medical equipment (eyeglasses, hearing aids, wheelchairs, service animals, etc.).
Transportation costs for medical care, including gas, tolls, parking, or public transport fares.
Health insurance premiums (excluding employer-paid portions).
What Expenses Are NOT Deductible?
Some expenses cannot be claimed, including:
Premiums paid by an employer or through a cafeteria plan.
Nonprescription medicines (except insulin).
Cosmetic surgery and general wellness trips or programs.
Funeral and burial costs.
Special Rule for Self-Employed Individuals
Self-employed taxpayers may qualify for a separate deduction for health insurance premiums, reducing taxable income directly rather than as an itemized deduction.