To claim medical expenses for tax year 2020, your expenses must total more than 3% of your net income, or $2,397, whichever is less. By combining all your medical expenses on one return, you are more likely to reach that 3% mark.
It’s usually most beneficial for the lower income earner to claim all the medical expenses, as the 3% threshold will be lower. TurboTax is designed to optimize your medical expense claim and claims them on one return. There is no limit on the total amount of medical expenses you can claim in a year.
Note: Remember to claim the corresponding provincial or territorial non-refundable tax credit on line 58689 of your provincial or territorial Form 428. If you’re a Quebec resident , you may also be entitled to the Refundable tax credit for medical expenses.