Medical Expenses

Medical Expenses are the costs of prevention, diagnosis, and treatment of disease.   They include payments for legal medical services by physicians, surgeons, dentists, and other medical practitioners.  In addition, remember necessary costs of equipment, supplies, and diagnostic devices.

You must be able to itemize deductions to claim medical expenses and you may deduct on Schedule A only the amount of medical and dental expenses that are more than 7.5% of your adjusted gross income.

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Medical expenses do include premiums for medical insurance, transportation for medical care, dental and vision costs, qualified long-term care services, and some amounts paid for qualified long-term care insurance.