Common “Below the Line” Deductions

Note that the standard deduction amounts are used if the total of all the “below the line” deductions does not exceed $13,850 for single and married filing jointly, $20,800 for head of household, and

$27,700 for married filing jointly or qualified widower for 2023.

Medical and dental expenses

● You may deduct the amount by which your total medical care expenses for the year exceed 7.5% of your adjusted gross income.

● You may deduct expenses you paid that year for medical care (including dental) for yourself, your spouse, and your dependents.

● Deductible expenses are those paid for the prevention or alleviation of a physical or mental defect or illness, such as payments for the diagnosis, cure, mitigation, treatment, or prevention of disease or treatment affecting any structure or function of the body. It may include payments for legal medical services rendered by any medical practitioner and the cost of equipment, supplies, and diagnostic devices used for medical care purposes, insurance premiums paid for medical care, or qualified long-term care insurance.

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