The definition of Medical Expenses that can be claimed on form 1040, Schedule A as Itemized Deductions is very broad.
The regular income tax reduces the medical expenses deduction by 7.5 percent of Adjusted Gross Income. The Alternative Minimum Tax reduces the deduction by 10 percent of Alternative Minimum Tax Adjusted Gross Income.
The published IRS statistics show many taxpayers that have claimed Itemized Deductions have deductible medical expenses.
The allowable expenses include many items. Of course medical insurance premiums count, including the Part B and Part D Medicare premiums. Also direct expenses like doctor and dentist fees, prescriptions, lab …