How to Deduct Medical Expenses on Your Tax Return

How to Deduct Medical Expenses on Your Tax Return
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Mike Valles
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When filing your taxes, you want to reduce your taxes as much as possible. You can claim many tax breaks on your tax return, and if you have a lot of medical bills, you may get a tax deduction on them, too.

Understanding what qualifies as a medical expenses deduction depends on whether the services or costs meet the IRS definition. Qualifying expenses must be for diagnosis, prevention, treatment, or cure of diseases or injuries. To claim those costs, you must keep any receipts for them.

The Standard Deduction

When you fill out your tax forms, you must decide whether to use the standard deduction or itemize. For tax year 2024, the standard deduction for singles is $14,600. Married couples filing jointly have a deduction of $29,200. People filing as heads of household have a standard deduction of $21,900.
Mike Valles
Mike Valles
Author
Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.
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