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.
What It Is. A lead test is used to determine the amount of lead in the blood. Lead is a heavy metal found naturally in the environment as well as in many common consumer products. Though it serves no purpose in the human body, most people have a small amount of it in their bodies because it's so prevalent in our surroundings.