Medical Deduction % For 2011

[jojosmommy]

What is the medical deduction % for 2011 and does it go off total income before deductions or your income after deductions?

Thanks

[Michael]

A couple related threads on Medical Deduction: https://www.daycare.com/forum/tags.php?tag=deduction+-+medical

[TomCopeland]

If you are self-employed and are not covered by an employer medical plan, you can deduct 100% of the health insurance premium on Form 1040. I've written an article about medical deductions:http://www.tomcopelandblog.com/2011/11/how-can-your-familys-medical-expenses-be-deductible.html

[Unregistered]

What about your out of pocket expenses paid to medical clinics? I am technically eligible for a plan through an employer but it is more expensive than buying privately. We choose to buy privately. Can you use payments made to the clinic plus your total premiums to deduct as an expense? What % does it need to be of your total income? I heard it was going up to 10% to be deductable.

[TomCopeland]

Since you are eligible to participate in an employer sponsored health care insurance, you can't deduct your health insurance premiums on Form 1040. You can claim your out of pocket medical expenses as an itemized medical deduction on IRS Form Schedule A. But, you can only claim such expenses if they exceed 7.5% of your adjusted gross income.