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May 2, 2022
Question

What is the allowable medical deduction for a net income of $5416.00?

  • May 2, 2022
  • 1 reply
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medical expenses limits for a net income of $5416.00

    1 reply

    May 3, 2022

    For the 2021 tax year, you can claim the total amount of eligible medical expenses minus $2,421 or 3% of your net income, whichever is smaller.  For more information read TurboTax FAQ: How does my income affect how much I can deduct for medical expenses? 

     

    Useful TurboTax FAQ: How do I enter my medical expenses? 

     

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