How the Medical Expense Deduction Works in 2026

Lucas and Luna break down the medical expense deduction for 2026—who qualifies, what counts, and the 7.5% AGI floor that blocks most people. Using a real-world example of a freelancer with $18,000 in unreimbursed medical costs, they walk through the math, the trap of over-the-counter items, and the strategy of bunching expenses into a single tax year. They also cover the new IRS guidance on telehealth premiums and the difference between deducting and using an HSA. Practical, specific, and built for anyone whose health costs are eating into their income. #MedicalExpenseDeduction #TaxDeductions #AGI #HealthCareCosts #IRS #TaxStrategy #FreelancerTaxes #HSA #Telehealth #Bunching #ItemizedDeductions #TaxPlanning #Finance #PersonalFinance #FexingoBusiness #BusinessPodcast #TaxPodcast #2026Taxes Keep every episode free: buymeacoffee.com/fexingo