3. Medical, dental expense deductions.Guidelines for tax-deductible medical expenses changed because of the Affordable Care Act. Your unreimbursed medical expenses must exceed 10 percent of your adjusted gross income to qualify for a deduction. That’s up from 7.5 percent in the 2012 tax year. ...
Buying a second home? TurboTax shows you how mortgage interest, property taxes, rental income, and expenses will affect your tax return.
The median annual out-of-pocket costs were higher in the HDHP group (n=524) than in the THP group (n=12,458) ($1,920 vs. $1,205, p<0.001), as was the median deductible amount ($1,015 vs $289, p<0.001), without any difference in the median annual total healthcare expenses ...