Medical Expense Deduction (2026): The 7.5% AGI Rule, Step-by-Step

This deduction is simple but brutal: you only deduct the portion of qualified medical expenses that exceeds 7.5% of your AGI—and only if you itemize on Schedule A. Use this page to decide in 2 minutes whether it’s worth the paperwork, then follow the exact steps.

BMT Tax Research Team BMT Tax Research Team · 📅 Jan 2026 · ⏱️ 7 min read · TAX TIPS › DEDUCTIONS
Floor
7.5%
of AGIRule
Filing
Sch A
Must itemizeRequired
Mileage
20.5¢/mi
2026 RateFact
Visual representation of the 7.5% AGI threshold for medical expense deductions, showing small receipts failing and large expenses passing

The 7.5% Wall: Your medical bills must stack higher than 7.5% of your income (The Floor) before the IRS gives you a single cent of tax relief.

Image Source: bestmoneytip.com

1. The 2-Minute “Is This Worth It?” Test

Before gathering receipts, check if you pass the gate. Most taxpayers fail here because the Standard Deduction is easier and often higher.

Continue reading ONLY if you meet ALL criteria:
  • You are willing/able to itemize on Schedule A (rejecting the Standard Deduction).
  • Your medical costs were unreimbursed (paid by you, not insurance/HSA/FSA).
  • Your total qualified expenses exceed 7.5% of your Adjusted Gross Income (AGI).

The One-Line Formula

Deductible Amount = max(0, Total Qualified Expenses − (AGI × 0.075))

2. The 7.5% Rule (The Reality Check)

The first 7.5% of your income is your responsibility. The IRS only helps with the “catastrophic” excess. See the table below to understand why many get $0 deduction.

Your AGI The “Floor” (You Pay) Example Spend Deductible Amount
$50,000 $3,750 $5,000 $1,250
$100,000 $7,500 $5,000 $0
$150,000 $11,250 $15,000 $3,750
$200,000 $15,000 $20,000 $5,000

Reality Check

If you earn $100k, the first $7,500 of medical bills gives you zero tax benefit. You only save taxes on the dollars spent after that $7,500 line.
2026: Standard vs Itemized Reality
Standard Deduction (MFJ) $32,200
90% of taxpayers choose this
Your Itemized Total Must > $32k
Medical + Mortgage + Charity + SALT
Medical Portion Only Excess
Only the amount above 7.5% floor

3. What Counts (and What Doesn’t)

Based on IRS Publication 502. Keep strict records.

✅ Included (Deductible)

  • Premiums: Health insurance premiums paid with after-tax dollars (not employer pre-tax plans).
  • Treatments: Doctors, dentists, surgeries, ER visits, therapy (psychologists/psychiatrists).
  • Vision/Dental: Braces, Invisalign, LASIK, glasses, contacts, hearing aids.
  • Supplies: Prescription drugs, insulin, wheelchairs, crutches, guide dogs.
  • Travel: 20.5 cents per mile (2026 rate) for medical travel, plus parking/tolls.

❌ Excluded (Non-Deductible)

  • HSA/FSA Spending: Already tax-free. Double-dipping is illegal.
  • Cosmetic: Plastic surgery, teeth whitening (unless for deformity/accident).
  • General Health: Gym memberships, vitamins, diet food (unless prescribed for specific disease).
  • OTC Meds: Non-prescription drugs (e.g., Tylenol) are not deductible.

4. Core Strategy: “Bunching” Expenses

Since the 7.5% floor resets every year, spreading expenses is a losing strategy. The only way to win is to bunch elective procedures into a single tax year.

Scenario (AGI $100k) Year 1 Spend Year 2 Spend Total Deduction
Plan A: Spread Out
Braces (Yr1) / Lasik (Yr2)
$6,000
(Below Floor)
$4,000
(Below Floor)
$0
Plan B: Bunched
Do BOTH in Year 1
$10,000
(Beats Floor!)
$0
(Skipped)
$2,500

*In Plan B, you exceed the $7,500 floor by $2,500. That’s real money deducted from your taxable income.

5. How to File (5 Steps)

If you passed the test and have your receipts, here is the execution path.

  1. Confirm AGI: Look at Line 11 on your Form 1040. Calculate 7.5% of this number. This is your “Floor.”
  2. Sum Expenses: Add up all qualified, unreimbursed bills paid in the calendar year.
  3. Subtract Reimbursements: If insurance paid you back later, remove that amount.
  4. Calculate Excess: (Total Expenses) – (Floor) = Medical Deduction.
  5. File Schedule A: Enter this number on Line 1 of Schedule A (Itemized Deductions).
    *Critical: Compare your total Schedule A vs. Standard Deduction. Choose the higher one.

6. Frequently Asked Questions

Can I deduct expenses paid with my HSA?
NO. HSA funds are pre-tax. You cannot deduct them again. Only expenses paid with your personal checking/savings (after-tax money) count.
What if I paid in 2026 but got reimbursed in 2027?
If you claimed the deduction in 2026, you generally must report the reimbursement as income on your 2027 tax return. It rectifies the “tax benefit” you received.
Do braces and LASIK count?
Yes. Orthodontics and laser eye surgery are valid medical expenses. They are excellent candidates for the “Bunching” strategy because they are expensive and elective.