Correction to the 2018 Publication 575

If you viewed or downloaded the 2018 Publication 575 before February 26, 2019, please note the following change. On page 35, the third bullet under the section "Additional exceptions for qualified retirement plans" regarding the deductible medical expenses limit is incorrect. The correct limit is 7.5% of adjusted gross income.  The third bullet should read: "From a qualified retirement plan to the extent you have deductible medical expenses that exceed 7.5% of your adjusted gross income, whether or not you itemize your deductions for the year,".

Publication 575 (PDF) has been revised.