First, figure out if you qualify for deductions. You can deduct only the amount of your medical expenses that is more than 7.5% of your Adjusted Gross Income (AGI). To do this add up all your medical expenses for 2011.(A list of deductible expenses can be found here at the IRS website .).tep 3: Do the Math. You can deduct ONLY the amount of your medical expenses that is more than 7.5% of your Adjusted Gross Income (AGI). For example, if your AGI is $40,000 then 7.5% of that income is $3,000.
Webster Dictionary(0.00 / 0 votes)Rate this definition: 1  Lead(noun) one of the elements, a heavy, pliable, inelastic metal, having a bright, bluish color, but easily tarnished. 2  Lead(noun) an article made of lead or an alloy of lead. 3  Lead(noun) a plummet or mass of lead, used in sounding at sea.
The past tense of the verb lead is led, not lead. One reason for the confusion might be that a similar verb, read, has an infinitive thatâs spelled the same as the past tense. But with lead, thatâs not how things are. Led is the past tense of the verb lead: