Tax Related Questions > Deductions > Medical

Self-Employed Health Insurance Deduction Self-employed taxpayers with a net profit for the year may be able to deduct the amount they paid for medical and qualified long-term care insurance f...
Archer Medical Savings Account (MSA) Archer MSAs are tax-exempt trusts or custodial accounts set up with a U.S. financial institution that allow taxpayers who are self-employed and employ...
Health Savings Accounts (HSAs) A health savings account (HSA) is a tax-exempt trust or custodial account created to pay or reimburse qualified medical expenses. In general, any adul...
Can I deduct any of my medical expenses? You can deduct medical and dental expenses that exceed 7.5% of your AGI as long as you itemize your deductions. Expenses include the costs of diagnosi...