I was thing about this as the sleeve and airfare ( I am driving however) might be a nice deduction. I am not sure what ACA will.do to taxes . I'm waiting for ssa back pay to schedule and a passport. Let me know if anyone has thoughts or advice.

I talked to a good friend of mine who is an accountant and she said medical and dental expenses (including travel) is tax deductible. Doesn't matter where it's done....I'm going to Mexico. I believe it is entered on your schedule A and unreimbursed expenses over 7.5% of your adjusted gross income is deductible. I.e. If your adjusted gross income is 30,000, you can deduct all expenses over $2250. Unless, of course, you have an HSA insurance policy, then all money paid through the account is deductible.

**I am NOT an accountant, so don't take my advice as absolute truth

I thinks this is a great idea for all self pays.

I would also suggest asking your doctor for a prescription for Protein shakes and bariatric Vitamins. Once you add all those in, your chances of meeting the deductible required for tax purposes (x% of gross Income) is much better.

As kindle said, I too am not an accountant so.... )

I absolutely claimed it, along with my expenses on my taxes, and received a very nice refund that year!

That's my plan. I withdrew money from my 401K to pay for surgery so the deductions will hopefully balance it out.

I talked to a good friend of mine who is an accountant and she said medical and dental expenses (including travel) is tax deductible. Doesn't matter where it's done....I'm going to Mexico. I believe it is entered on your schedule A and unreimbursed expenses over 7.5% of your adjusted gross income is deductible. I.e. If your adjusted gross income is 30,000, you can deduct all expenses over $2250. Unless, of course, you have an HSA insurance policy, then all money paid through the account is deductible.

**I am NOT an accountant, so don't take my advice as absolute truth

I believe this has been raised to 10% effective for tax year 2013, unfortunately. Because I make more money than my wife, she is going to "pay" for my surgery and then we are going to file separately this year to maximize the deduction.

Since all things taxes scares me, I send everything to an accountant. However, since I financed my surgery do you think I would still be able to deduct it?

I have worked in taxes as an accountant since 1987. Have been sole owner of tax practice since 1992. The costs including travel expenses are deductible. It must be over 10% of income (changed in 2013 from 7.5%) unless you're over 65 then it is still 7.5%. My wife and I are having surgery in Mexico 5/20/14. I found out about surgeon and Beliteweight from a tax client who inquired about deducting costs. This started my journey on surgery. If you use a Health Savings Account or Flexible Spending Account, that would not be deductible because this is normally a pre-tax deduction through your employer.

Edited May 11, 201412 yr by gswags

Does anyone know if I can use my Flex Spending Account for reimbursement for the Sleeve surgery?