I know this may sound silly but I have never done this before so I dont know how it works...Okay, if I am having the surgery in December 2006 (this year) and if I finance the surgery via credit card or some other finance plan can I put it on this years tax returns or do I have to wait until it is paid off...I have no clue how the taxes will work please help thanks....

If you pay for the surgery this year you deduct it this year. It doesn't matter how you finance it.

You deduct the surgery this year. And remember to deduct all the your medical expense for the year! I had things like what I pay for health insurance, and meds and all that for the whole year I got to deduct.

Then, if you finance via a home equity loan, you likely can deduct the interest that you pay on it as well.

I would contact your CPA or tax lawyer before you do your taxes. I am not a tax lawyer, but I would question whether you can deduct the full amount this year if you did not pay for it this year. I could be completely wrong, but it's worth a call to someone who gets paid to know the answer.

Just my 2 cents.

I deducted mine the same year. I paid with a credit card too! You paid for it this year, deduct it this year! The IRS doesn't know you paid for it with a credit card.