Deductions and Write-Offs
The most frequently asked tax questions related to Deductions and Write-Offs
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Answer Tax QuestionsFertility costs
Asked Thursday, February 09, 2012 by an anonymous user
In vitro surgery or fertilization including surgery to reverse procedure are deductible as a medical itemized deduction subject to the 7.5% limitation.
Expenses to obtain a egg donor are also deductible as a medical itemized deduction subject to the 7.5% limitation.
Expenses to obtain a egg donor are also deductible as a medical itemized deduction subject to the 7.5% limitation.
Marijuana - prescribed by a doctor
Asked Thursday, February 09, 2012 by an anonymous user
Marijuana, even if prescribed by a doctor is not deductible.
Nursing home costs
Asked Thursday, February 09, 2012 by an anonymous user
Generally, the costs for medical care including meals and lodging are deductible. If the main reason of being in the nursing home is not primarily for medical care, only the portion allocated to medical care is deductible.
Vasectomy costs
Asked Thursday, February 09, 2012 by an anonymous user
The costs of a vasectomy and reversal of a vasectomy are deductible as a medical itemized deduction subject to the 7.5% limitation.
Vitamins and supplements
Asked Thursday, February 09, 2012 by an anonymous user
Vitamins and other nutritional supplements are not deductible unless recommended by a medical practitioner as treatment for a specific physician diagnosed medical condition.
Laser vision surgery
Asked Thursday, February 09, 2012 by an anonymous user
Laser vision surgery such as Eye surgery for nearsightedness is deductible as a medical itemized deduction subject to the 7.5% limitation.
Estate Planning fees
Asked Thursday, February 09, 2012 by an anonymous user
Generally, only estate planning fees related to tax matters are deductible. The fees need to be separated on the bill between nontax advice and tax advice and tax planning matters.
Contributions to organizations outside of the USA
Asked Thursday, February 09, 2012 by an anonymous user
Generally, contributions to Foreign organizations other than in Canada, Mexico and Israel charities are not deductible.
Boat loan Interest
Asked Thursday, February 09, 2012 by an anonymous user
For the interest on a boat loan to be deductible it has to have sleeping, cooking and toilet facilities and local law must allow for such use.
