Taxes and surgery

[Buffy1 25]

After your surgery you can deduct your costs for Vitamins and Protein drinks, mixes etc. because they are both required for a medical condition. This is addressed on the IRS website and I confirmed with my CPA. Save your receipts !! And just add them right into your medical expenses if you itemize.

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[SoExcited101 190]

Thank you this is wonderful news!

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[RickM 1,753]

The catch with this (there's always a catch!) is that it only really works if you self pay for your surgery, or have other substantial medical expenses that, in total, exceed 10% of your adjusted gross income. It all adds up (parking & travel expenses related to medical treatment, too) if you can pass that threshold; otherwise it's a wasted accounting effort.

My sleeve was covered by insurance, so none of these things were deductible, but a couple years later when plastics came along, this medical expense deduction totally offset our tax liability for that year.

[Buffy1 25]

If you are over 65, I'm not but my husband is, you only have to have 7.5% not 10%. With our added long term care insurance it puts us over so we get the deductible. What do you mean plastics ?

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[OutsideMatchInside 10,166]

@@Buffy1 Plastic surgery

[Buffy1 25]

Yes I figured. How to get it coded medically necessary is another thing.

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[OutsideMatchInside 10,166]

Excess skin, it is pretty easy. Back pain from breasts, etc.

[HeavenlyGirl101 36]

So if you self pay surgery in Mexico you qualify? It's still self pay right?

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[Hadenough2 13]

The catch with this (there's always a catch!) is that it only really works if you self pay for your surgery, or have other substantial medical expenses that, in total, exceed 10% of your adjusted gross income. It all adds up (parking & travel expenses related to medical treatment, too) if you can pass that threshold; otherwise it's a wasted accounting effort.

My sleeve was covered by insurance, so none of these things were deductible, but a couple years later when plastics came along, this medical expense deduction totally offset our tax liability for that year.

what about the deductible and copays you have to pay...added together it doesnt exceed 10%?

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[Buffy1 25]

Depends on how much money your family makes and what you pay in insurance premiums.

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