Did you have big medical bills last year? They may be tax deductible [CNBC]
GoodRx Holdings, Inc. - Class A (GDRX)
Company Research
Source: CNBC
But many taxpayers miss out on this valuable tax break because they don't know which expenses are eligible or how to claim them. Here's what you need to know to deduct eligible medical costs from your taxable income. Are medical expenses tax deductible? The IRS allows federal filers to deduct qualifying medical expenses that exceed 7.5% of their adjusted gross income (AGI). So, if your AGI was $80,000, you can deduct health costs above $6,000. To claim the medical expenses, however, you must itemize your return rather than take the standard deduction. The standard deduction for tax year 2024 is $14,600 for a single taxpayer. So if your total deductions — including medical bills — is less than $14,600, it's not worth itemizing. If they exceed that threshold, however, an itemized return is likely the right choice. Start preparing your taxes with these options What medical expenses qualify? Eligible medical expenses must meet certain requirements defined by the IRS. “I
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GDRX
News
- GoodRx to Participate in the 44th Annual J.P. Morgan Healthcare ConferenceBusiness Wire
- Former Steelers QB struggles in his first start with new team [USA TODAY]USA TODAY
- Smart ways to spend your remaining FSA money before year-end deadline [CBS News]CBS News
- Steelers WR receives troublesome injury update ahead of Week 15 [USA TODAY]USA TODAY
- GoodRx (NASDAQ:GDRX) was upgraded by analysts at Barclays PLC to a "strong sell" rating.MarketBeat
GDRX
Earnings
- 11/4/25 - Beat
GDRX
Sec Filings
- 12/12/25 - Form 8-K
- 12/8/25 - Form 4
- 12/8/25 - Form 3/A
- GDRX's page on the SEC website