Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 23, 2023 9:23:26 PM

I'm trying to claim medical expense claim which is higher than my 3% income, but why doesn't it then show a change in my balance due/refund?

eg medical expenses $2000, and 3% income is $200. So shouldn't this change my balance due?

0 1 407
1 Replies
Intuit Alumni
Apr 28, 2023 9:50:43 AM

Medical expenses are one of the non-refundable credits. As per our TurboTax article Non-Refundable Tax Credits:  A non-refundable tax credit reduces the amount of tax you pay on your taxable income. You will not get money back from a non-refundable tax credit, but you can use it to offset how much you will pay.

For example; If you determine that you owe $1,000 in personal taxes, but you’re also eligible for $500 in non-refundable credits, you’ll only pay $500. However, if you don’t owe any taxes and you are eligible for $500 in non-refundable tax credits, you will not get a $500 refund.

 

Thank you for choosing TurboTax.