What is medical imputed income?

Medical imputed income refers to the value that is placed on medical services when they are given for free to a patient. It is usually calculated based on the total amount of medical expenses incurred by the patient, multiplied by a certain percentage that is determined by the government or insurance company. This amount is taxed just as if the patient had to pay this total out-of-pocket, and it is then used to offset any tax deductions or credits that the patient may be eligible for.