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.
Led vs. lead. The verb lead makes led in the past tense and as a past participle. Writers often mistakenly use lead in these roles, perhaps due to erroneous analogy with the verb read, which is uninflected. Lead is of course the correct spelling for the malleable, bluish-white element used in pipes, solder, bullets, and paints. 12 Comments.