How much is the medical expenses deduction from? How much will you be back if you declare it?

The calculation method of the medical expenses deduction is as follows: The amount of the refund depends on the amount of income, tax rate classification, or the amount subject to the medical expenses deduction.

If you pay medical expenses for yourself or your family, you may receive a certain amount of income deduction.

１．medical expenses paid by the taxpayer for himself or his spouse or other relatives who share a living with him.

２．medical expenses paid between January 1 and December 31 of that year.

The amount subject to the medical expenses deduction is calculated using the following formula (up to 2 million yen).

(The total amount of medical expenses actually paid - the amount covered by insurance claims, etc.) - 100,000 yen (Note)

(Note) If the total amount of income for the year is less than 2 million yen, 5% of the amount of income.

As a special case of the medical expenses deduction, those who have taken certain measures to maintain and promote health and prevent illness are required to pay for the purchase of over-the-counter drugs (*) for their spouses or other relatives who share a living with themselves or themselves between January 1, 2017 and December 31, 2026.

※Over-the-counter drug purchase cost refers to the purchase cost of drugs (switched OTC drugs) converted from drugs prescribed by doctors (prescription drugs) to OTC drugs that can be purchased at drugstores.

The self-medication tax system is a special case of the medical expenses deduction and is an option to the normal medical expenses deduction. Therefore, if you are subject to this special provision, you will not be entitled to the normal medical expenses deduction.

This is the amount obtained by subtracting 12,000 yen from the total amount of the purchase cost of over-the-counter drugs actually paid (excluding the portion covered by insurance money, etc.) (up to 88,000 yen).

The self-medication tax system is a special case for the deduction of medical expenses, which is an option to apply to the ordinary medical expenses deduction. Therefore, if you are subject to this special provision, you will not be able to receive the ordinary medical expenses deduction.

NTA website: When medical expenses was paid (medical expenses deduction) (external site)