Question: I pay for some of my parent’s medical expenses. May I deduct these expenses on my return?
If you can claim your parent as a dependent, you also may be able to claim a deduction for the portion of your parent’s medical or dental expenses that you paid. For tax years beginning after December 31, 2012, your total deduction for medical and dental expenses must be reduced by 10 percent of your adjusted gross income. There is a temporary exemption from January 1, 2013, to December 31, 2016, for individuals age 65 and older and their spouses who can reduce their medical and dental expenses by 7.5 percent. See Medical and Dental Expenses in Chapter 21 of Publication 17, Your Federal Income Tax for Individuals, for additional information.
- Publication 502, Medical and Dental Expenses
- Publication 501, Exemptions, Standard Deduction, and Filing Information
- Questions and Answers: Changes to the Itemized Deduction for 2014 Medical Expenses
Category: IRS Procedures
Subcategory: For Caregivers