Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

This answer was rated:

Turbo tax states we need $8469 in medical expenses. We have…

Turbo tax states we need...
Turbo tax states we need $8469 in medical expenses. We have $10736.00 in medical expenses. Turbo Tax states we do not qualify, why?
Show More
Show Less
Ask Your Own Tax Question
Answered in 19 minutes by:
4/3/2017
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 33,278
Experience: Taxes, Immigration, Labor Relations
Verified

Can you verify - for which purpose you need medical expenses and

for which tax benefit are you looking to qualify?

Ask Your Own Tax Question
Customer reply replied 1 year ago
We need the medical expenses for itemized deductions to lower our income tax amount

To be considered for itemized deduction - your medical expenses must be more than 10% of your adjusted gross income (AGI)

That amount is reported on form 1040 line 37 - please verify.

Ask Your Own Tax Question
Customer reply replied 1 year ago
We are over 65; therefore, it is only 7.5% & we have entered the data in turbo tax under Medical Expenses. We have not finished but we are over what turbo tax said we needed by $2267.00. AND turbo tax said we do not qualify for medical expenses. Why

Your adjusted gross income (AGI) is reported on form 1040 line 37 - can you please verify that amount.

Ask Your Own Tax Question
Customer reply replied 1 year ago
We have verified it & still over on medical expenses by couple hundred dollars & have not finished entering as of yet
Customer reply replied 1 year ago
I made a mistake; 7.5% is $8468.93 & we have itemized $10736.00 thus far

Ok - then - can you verify amount of medical expenses reported on schedule A line 1 - ?

Ask Your Own Tax Question
Customer reply replied 1 year ago
It is only showing $8218 on line 1; but on turbo tax it shows $10736 on the Medical in Deductions & Credits. Does turbo tax ask for information (items we entered) that is not counted for our deductions. Why are some of the items that we entered under Medical In Deduction & Credits not counted

First of all we need to verify which items are not taxable.

$10736 - $8218 = $2518 - can you verify what that amount represents?

and verify what exactly you entered?

Ask Your Own Tax Question
Customer reply replied 1 year ago
why does turbo tax not not includes everything that we have entered as medical expenses. we have entered $10,736 of expenses, but turbo tax is only using $8,218.

Most likely - you entered not everything correctly....

However to verify what exactly is teh issue - we need to know which exact item has an issue.

Ask Your Own Tax Question
Customer reply replied 1 year ago
We do not know! Nothing adds up to the $8,218. The largest two amounts add up to more and if I add the smaller amounts plus the largest it does not add up. I am at a loss.
Customer reply replied 1 year ago
prescriptions $2,018, professional fee $6,518, facility fees $566, lab fees $158, eyeware expense $80, supplies expense $37, Travel expense lodging(parking and food) $398, travel miles 5,058 miles

Based on your information $2518 that is the difference.

If you are not able to identify that amount.

The only option - to go one by one - remove and add it back - and see how it is counted.

Ask Your Own Tax Question
Customer reply replied 1 year ago
Just the prescriptions $2,018 and professional fees $6,518 add up to more than the $8,218.
Customer reply replied 1 year ago
Thanks for your time. I don't think it helped.

So - if you have ONE line for prescriptions - delete it - and verify if if the total amount on line 1 is reduced by $2018 - if yes - that is reported correctly - so add it back.

Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 33,278
Experience: Taxes, Immigration, Labor Relations
Verified
Lev and 87 other Tax Specialists are ready to help you
Ask your own question now
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a tax professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Lev Your Own Question
Lev
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 33,278
33,278 Satisfied Customers
Experience: Taxes, Immigration, Labor Relations

Lev is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
My term insurance will give me a payout of $19,674.35. What
my long term insurance will give me a payout of $19,674.35. What would I have to pay in taxes in that sum … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
2,601 satisfied customers
I have a 1099-sa - where do I report this on form 8889?
I have a 1099-sa - where do I report this on form 8889? … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,278 satisfied customers
I am married but my wife and I live in two seperate houses
please ! I am married but my wife and I live in two seperate houses and we have filed our 2017 tax returns yesterday with these seperate addresses included as well as our incomes using turbo tax. I ha… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Turbo tax states t. Pic. I am trying to get to. Person for
I am trying to get to. Person for medical expenses on the turbo tax cd we purchased at office depot… read more
TaxWhisperer
TaxWhisperer
Principal
Master's Degree
24 satisfied customers
I filed my taxes with turbo tax last night. When I printed
I filed my taxes with turbo tax last night. When I printed my return I was very confused why $6,650 appeared on line 21 as other income (Form 8889 Health Saving Accounts). I have a health savings acco… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I have a question about medical expense tax breaks. What
Hi! I have a question about medical expense tax breaks. What does that mean. I usually never go to the dr. even though I pay for insurance every year, but last year I went and got prescribed medicatio… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,328 satisfied customers
I'm looking at the "Student Information Worksheet"
I'm looking at the "Student Information Worksheet" for education expenses Part VI. Turbo tax is putting in 10,000 in "Used for credit or deduction". My income is too high to qualify for any of the cre… read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,648 satisfied customers
I spent $1,800.00 on attorneys retainer for their service
I spent $1,800.00 on attorney's retainer for their service to obtain a guardianship of a 14-yr old juvenile delinquent. The case is still open and it's going to cost more. Once I get a guardianship, s… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
I use Turbo Tax to file taxes. Health and dental insurance
I use Turbo Tax to file taxes. Health and dental insurance premiums were deducted pre-tax through paychecks. If I itemize, I understand I can't include these amounts in medical expenses. However, ther… read more
Dr Arthur Rubin
Dr Arthur Rubin
Doctoral Degree
24 satisfied customers
Question: Do I have to submit a w2 for employee paid only $1,300
Question: Do I have to submit a w2 for employee paid only $1,300 in one year? Re: paid employee $1,300 in one year TOTAL for housekeeping mainly for dependent so I'm claiming child/dependent expense c… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,278 satisfied customers
Before entering our 1099-Qs, we had a Federal Refund in the
Before entering our 1099-Q's, we had a Federal Refund in the amount of $3669 and a State refund in the amount of $2396. We are using Turbo Tax. Combined amounts of 1099-Q's are roughly $9000 in Box 1,… read more
abci168
abci168
Principal
27 satisfied customers
During 2010 and 2011, I withdrew money from an IRA account.
During 2010 and 2011, I withdrew money from an IRA account. These were pre-tax dollars, so I know the monies withdrawn are now counted as taxable income. In addition, unless some of this money qualifi… read more
TaxWhisperer
TaxWhisperer
Principal
Master's Degree
24 satisfied customers
I have lots of medical expenses this year and one of the question
I have lots of medical expenses this year and one of the question turbo asked was did I have any insurances that reimbursed some of the medical expenses (I do have a retire medial trust fund that reim… read more
legaleagle
legaleagle
Attorney
Doctoral Degree
7,047 satisfied customers
Were in the 33% tax bracket. How do we reduce our taxes.
We're in the 33% tax bracket. How do we reduce our taxes. Seems like nothing applies to us because we make too much money. Can't take the education credit, medical credit, nothing. We owe 70,000.00 fo… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
Dear Tax I had H&R block to do our taxes. My wife has a
Dear Tax: I had H&R block to do our taxes. My wife has a small day care business. They have said we owe $2,900 in Federal and $800 in state taxes. We have never paid this type of taxes before. They wo… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Can I deduct the fees paid to a psychologist conducting a child
Can I deduct the fees paid to a psychologist conducting a child custody evaluation from my taxes under the medical deduction?… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I RECEIVED A 1099 MISC FROM A PERSONAL INJURY SETTLEMENT W/
I RECEIVED A 1099 MISC FROM A PERSONAL INJURY SETTLEMENT W/ AN AUTO INS. CO. THEY LISTED IT UNDER UNEMP. COMP. TURBO TAX SAYS IT SHOULD BE UNDER OTHER INCOME. WHAT IS THE PROPER WAY TO FILE THIS, AND … read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,605 satisfied customers
My wife received a disability compensation settlement ...
My wife received a disability compensation settlement in the form of a lump sum. A portion of the settlement was for temporary total disability compensation and a portion of it was for permanent parti… read more
Wayne Brasch
Wayne Brasch
Accountant and Business Consultant
Master Degree
718 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x