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Medical Muddle
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» From San Francisco »
Hello TaxMama!
How do I know if my medical and dental benefits
are deductible from my state taxes
Mike
Hi Mike,
If, on the very off chance, they are high enough to be deductible
on your IRS taxes, they will also be deductible on your state taxes.
But first, they need to more than 7.5% of the last line
on page 1 of your Form 1040 (it's called Adjusted Gross
Income or AGI).
Then, it needs to be, when added to your other deductions,
high enough to itemize in the first place ... that could be over
about $4,000 - $7,000+ depending on your filing status.
Hope this helps,
Best wishes,
Eva Rosenberg |
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