Medical Expenses
The most frequently asked tax questions related to Medical Expenses
Physical therapist payments
Asked Monday, October 23, 2000 by an anonymous userCPA Answer:
Payments to psychiatrists, psychologists, medical doctors, dentists, eye doctors, chiropractors, physical or occupational therapists, acupuncturists and medical care psychoanalysts, are itemized deductions subject to your 10% / 7.5% AGI limitation on IRS Schedule A.
Psychologist payments
Asked Monday, October 23, 2000 by an anonymous userCPA Answer:
Payments to psychiatrists, psychologists, medical doctors, dentists, eye doctors, chiropractors, physical or occupational therapists, acupuncturists and medical care psychoanalysts, are itemized deductions subject to your 10% / 7.5% AGI limitation on IRS Schedule A.
Chiropractor payments
Asked Monday, October 23, 2000 by an anonymous userCPA Answer:
Payments to psychiatrists, psychologists, medical doctors, dentists, eye doctors, chiropractors, physical or occupational therapists, acupuncturists and medical care psychoanalysts, are itemized deductions subject to your 10% / 7.5% AGI limitation on IRS Schedule A.
Acupuncture payments
Asked Wednesday, October 18, 2000 by an anonymous userCPA Answer:
The amount you paid for acupuncture can be deducted as a medical itemized deduction on IRS Schedule A, subject to the 7.5% Adjusted Gross Income limitation.
Travel to a pharmacy
Asked Tuesday, October 17, 2000 by an anonymous userCPA Answer:
Transportation expenses for medical care and treatment are deductible medical expenses reportable as an itemized deduction on IRS Schedule A subject to the 10% / 7.5% limitation.
This includes trips to visit doctors, dentists, hospitals, and pharmacies. The expense must be primarily for, and essential to, medical care.
The standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 24 cents per mile driven for medical or moving purposes.
This includes trips to visit doctors, dentists, hospitals, and pharmacies. The expense must be primarily for, and essential to, medical care.
The standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 24 cents per mile driven for medical or moving purposes.
Laser eye surgery
Asked Tuesday, October 03, 2000 by an anonymous userCPA Answer:
Eye surgery performed to improve vision qualifies as a medical expense because it alleviates defective eyesight and is not considered cosmetic surgery.
It is reportable on IRS Schedule A as a medical itemized deduction subject to your 10% / 7.5% AGI limitation.
It is reportable on IRS Schedule A as a medical itemized deduction subject to your 10% / 7.5% AGI limitation.
Weight Watchers payments
Asked Friday, September 29, 2000 by an anonymous userCPA Answer:
Weight-loss programs are not deductible unless related to a specific medical condition and recommended by your doctor.
Lamaze childbirth class payments
Asked Thursday, September 28, 2000 by an anonymous userCPA Answer:
Lamaze childbirth classes are deductible as a medical itemized deduction subject to the 10% / 7.5% AGI limitation on IRS Schedule A. However, classes on caring for newborns or on fetal development are not deductible.
Over -the-counter drugs
Asked Thursday, September 28, 2000 by an anonymous userCPA Answer:
The cost of over-the-counter medicines and drugs, such as aspirin, cold tablets or other cold remedies are not deductible. Deductible medicine and drugs must be obtained through a prescription by a doctor.