Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

Could You Qualify For the New $25,000 Health Care Tax Deduction Coming in 2026?

December 8, 2025 · Personal Finance
health
Photo by Natali _ Mis From Shutterstock

How the Proposal Would Change Current Law

Under current tax rules, medical expenses are deductible only if:

  1. The taxpayer itemizes deductions, and
  2. Medical spending exceeds 7.5% of AGI

For example, a household earning $100,000 per year must spend more than $7,500 on qualifying medical costs before any portion becomes deductible—and only the amount beyond that threshold counts. This restriction makes the current medical deduction inaccessible for most taxpayers.

Hawley’s plan would eliminate both of these limitations:

  • The deduction would be available to all taxpayers, including those who take the standard deduction.
  • Taxpayers could deduct up to $25,000 per person, regardless of income level or percentage thresholds.
  • Qualifying expenses would include health insurance premiums paid directly by households, not just traditional medical services.

This structure would dramatically broaden eligibility and could allow some households to shield tens of thousands of dollars in income from federal taxation.

Pages: 1 2 3 4 5 6 7 8

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • Is the Nipah Virus Coming to the USA? Here's What Officials Say
  • taxes Are Trump’s $2,000 Stimulus Payments Coming in 2026?
  • happy retirement, retirement investment 10 Most Affordable U.S. Places to Retire in 2026
  • social security numbers, downside When Will Your Social Security Checks Arrive? (What Beneficiaries Should Know)
  • Things Seniors Should Always Get from Costco 8 Kirkland Products That No Longer Feel Like a Costco Bargain
  • medicare Medicare Costs Are Rising in 2026 — Here's What to Expect
  • save money on healthcare Could You Qualify For the New $25,000 Health Care Tax Deduction Coming in 2026?
  • Medicare open enrollment Missed the Medicare Deadline? Your Options Aren't Over Yet
  • stimulus check Trump Promises $2,000 Tariff Checks: Could You Qualify?
  • social security changes 5 Social Security Changes Coming In 2026

Newsletter

Get retirement tips and senior living advice delivered to your inbox.

Related Articles

social security numbers

6 Social Security Changes Coming Next Year

#3 Taxable Wage Base Increases to About $183,600 The taxable wage base (the maximum amount…

Read More →
social security numbers, downside

When Will Your Social Security Checks Arrive? (What Beneficiaries Should Know)

SSI Payment Schedule for 2026 Although January’s SSI payment arrives in late December 2025, payments…

Read More →
stimulus check

Trump Promises $2,000 Tariff Checks: Could You Qualify?

How the numbers look Here are some of the fiscal realities: In Fiscal Year 2025,…

Read More →
credit score

9 Credit Score Myths You Shouldn’t Believe Anymore

Will your credit score increase when your income increases? The answer here is no. It…

Read More →
A couple reviews financial documents at a table, with travel plans and creative hobby materials present.

The Ultimate Pre-Retirement Checklist: Everything to Do in the 5 Years Before You Retire

3 Years Out: Deep Dive into Income and Healthcare Three years from your target date,…

Read More →
funeral expenses

Funeral Expenses: 5 Best Ways to Lower Them

2. Invest in burial insurance. There is a high chance that you may not have…

Read More →
401(k), security check holiday

Social Security Check: 8 Ways to Live a Comfortable Life Off It Alone

#3 Try to delay accepting a Social Security check for as long as possible People…

Read More →
Trump and Biden tariffs

Curious Who Will Pay for Trump’s Tariffs? You Will!

Are you giddy about Trump’s tariffs? Well…don’t be. Whether you’ve heard about it or not,…

Read More →
job

5 Important Retirement Changes to Know About in 2023

Planning for retirement is definitely one of the most critical financial tasks most Americans have…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Terms and Conditions
  • Privacy Policy
  • Do not sell my personal information
  • Subscribe
  • Unsubscribe
  • Contact
  • CA Privacy Policy
  • Request to Know
  • Request to Delete

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.