Income Tax Deductions For Medical Expenses

Reduce your tax bill by deducting medical and dental· Costs for smoking-cessation programs
expenses· Participation in weight loss programs when they are
Many taxpayers find it beneficial to itemize theirrelated to a diagnosed disease, like hypertension or
deductions on their federal tax return. One of theobesity
many deductions you can take are payments you· Fees for laser eye surgery, crutches, wheelchairs,
made for medical and dental expenses. But a largeand guide dogs for the deaf or blind
number of taxpayers miss some expenses they could· Transportation costs related to and necessary for
have claimed to lower their tax burden because theyqualified medical expenses
don't know they can use it as a medical tax deduction.What Medical Expenses Are Not Deductible?
What Medical Expenses Can I Claim?When itemizing your medical expenses, be extremely
Generally, you can deduct expenses for medical orcareful about what you deduct. Do not include any of
dental care you paid for yourself, your spouse and anythe following expenses.
dependents. The most common expenses include:· Amounts paid for nicotine gum or patches that do
· Premiums paid for medical, dental or long-term carenot require a prescription
insurance· Cost of purchasing diet food items or the cost of
· Insurance deductibles and co-paymentshealth club dues
· Fees paid to doctors, dentists, chiropractors, and· Funeral or burial expenses
mental health practitioners· Over-the-counter medicines
· Payments to hospitals, long-term care facilities and· Cosmetic surgeries
services, nursing services and lab fees· Premiums for life insurance, for policies providing for
· Cost of prescription drugs and insulinloss of wages because of illness or injury, or policies
· Price of prescription eyeglasses or contacts, hearingthat pay you a guaranteed amount each week for a
aids and false teethsickness (i.e. supplemental insurance)
Additionally, there are other expenses that manyHow Do I Claim Medical Expenses?
taxpayers don't realize can be deducted from theirTo deduct your qualified medical expenses, first add
taxes:up all the payments you made that were not
· Payments for acupuncture treatmentsreimbursed by any insurance policy. Be sure once you
· Inpatient expenses at an alcohol or drug addictionfile your taxes, you keep these receipts and
treatment centerstatements as proof of your expenses.