Final answer:
The adjusted gross income limitation on medical expenses is not 15 percent in 2019; it is actually 7.5 percent for most taxpayers.
Step-by-step explanation:
The statement that the adjusted gross income limitation on medical expenses is 15 percent in 2019 is false. The actual limitation is 7.5 percent for most taxpayers.
In order to deduct medical expenses on their federal income tax return, taxpayers must itemize their deductions. They can only deduct the amount of their medical expenses that exceeds 7.5 percent of their adjusted gross income (AGI). For example, if someone has an AGI of $50,000 and medical expenses of $5,000, they can only deduct the amount that exceeds $3,750 (7.5 percent of $50,000). Therefore, they can deduct $1,250.