 Income tax 2023-2024. Medical and dental expenses. Get ready, some coffee, and stay calm. Because as a taxpayer, you really don't have much more to lose. Most of this information can be found in the instructions for Schedule A Tax Year 2023, which you can find on the IRS website at irs.gov, irs.gov. Looking at the income tax formula, focused on what I would call the below the line deductions, more specifically on the itemized deductions. Remembering that the income tax formula is basically a funny income statement. Income statements typically having income minus expenses resulting in net income. Here having income minus various deductions resulting in taxable income, noting that for taxes deductions are good. Therefore, we're always looking for more of them. The major two categories of deductions being the adjustments to income or above the line deductions and the below the line deductions, the greater of either standard deduction or itemized deductions. Remembering that the above the line deductions are possibly less common, less familiar, but quite important if they qualify for an above the line deduction or adjustment to income because there's no hurdle that have to be cleared as is the case with the itemized deductions. With the itemized deductions, we would only generally be taking them if they add up to a dollar amount that is greater than the standard deduction, the standard deduction being based in part on filing status such as single versus married versus head of household and so on.