The IRS Deductions Blog » medical

Income Tax Medical Deductions

admin — Sun, 24 Jul 2011 14:04:27 +0000

Question: Medical Tax Deductions ?I know you can claim any amount of medical costs that exceed 7.5% of your gross income but – does that medical cost include the amount of money that is taken out of your paycheck each month from your employer to pay for health insurance. I looked on google a lot [...]

Income Tax Medical Deductions is a post from: The IRS Deductions Blog

Medical Costs Deductible

admin — Thu, 14 Jul 2011 01:19:24 +0000

Items on Amazon Right Now for Medical Costs Deductible:McDonald Hopkins Files Federal Lawsuit Challenging Constitutionality of Illinois Statute: Hospital-Based Physicians … CHICAGO, July 12, 2011 /PRNewswire/ — Hospital-based pathology groups and physicians in Illinois filed a federal lawsuit on June 24, 2011, seeking to invalidate, on constitutional grounds, Illinois legislation designed to shift the burden of [...]

Medical Costs Deductible is a post from: The IRS Deductions Blog

Tax Deduction Medical Expenses

admin — Fri, 20 May 2011 13:45:01 +0000

Question: Medical Tax Deduction Questions?Hi. I am hoping to deduct my medical expenses from my taxes. I just have a few questions. Can I deduct medical expenses from seeing a psychotherapist who is licensed but not necessarily a psychiatrist or psychologist? I paid (pay) 90-100 a session and went to numerous sessions. [...]

Tax Deduction Medical Expenses is a post from: The IRS Deductions Blog

Tax Deductible Medical Expenses

admin — Tue, 15 Mar 2011 23:32:15 +0000

Question: Are reiki healings tax deductible?Reiki is a form of spiritual practice used as a complementary therapy for the treatment of physical, emotional, and mental diseases. Could this be included in the Deductible Medical expenses (that are over 7.5% of the AGI)? Why won’t it meet IRS requirements? What specific IRS requirement won’t it [...]

Tax Deductible Medical Expenses is a post from: The IRS Deductions Blog

Medical Tax Deductions 2009

admin — Wed, 23 Feb 2011 20:06:22 +0000

Question: Can I deduct California use tax as a medical expense?I itemize my personal income tax every year. I deduct lots of medical expenses every year because I am disabled. I buy stuff out of state and country. I have to pay use taxes on these medical purchases because they are out of state and [...]

Medical Tax Deductions 2009 is a post from: The IRS Deductions Blog

Tax Deduction Medical Bills

admin — Thu, 27 Jan 2011 06:13:44 +0000

Question: Can my girlfriend claim the medical expense Tax Deductions for her medical treatments even if I paid the bill?All the invoices have her name as the patient and she is not being claimed by anyone. I should have been more clear, she actually did pay for the expenses by reinbursting me. It’s just that I [...]

Tax Deduction Medical Bills is a post from: The IRS Deductions Blog

Tax Deduction Medical Expenses 2009

admin — Sat, 04 Sep 2010 19:38:31 +0000

Question: what were the medicare premiums in 2009 for both A and B?I’m preparing 2009 taxes for my father was was deceased in Jan 2010. He had many medical expenses in 2009, so I’m claiming them for deductions. In the grand paperwork shuffle, I cannot seem to find any paperwork denoting the premiums for [...]

Tax Deduction Medical Expenses 2009 is a post from: The IRS Deductions Blog

Home Health Care Deductible

admin — Wed, 30 Jun 2010 12:41:43 +0000

Question: the phrase cheap labor is it a myth, a farce and a lie?there is no such thing as cheap labor.take for example, an illegal mexican who sneaks in here with his wife and five kids [...]

Home Health Care Deductible is a post from: The IRS Deductions Blog

2009 Deductible Medical Expenses

admin — Mon, 22 Mar 2010 22:18:41 +0000

Question: I can see the porn, but the prostitutes…?Tax Court Rules Prostitutes Aren’t Deductible Lawyer kept records, claimed visits as medical expense http://www.forbes.com/2009/09/15/tax-court-deductions-prostitutes-medical-expenses-personal-finance-hookers.html “The U.S. Tax Court ruled Monday that Brooklyn, N.Y. tax lawyer William G. Halby, 78, had no legal basis to deduct prostitutes and pornography as medical expenses on his federal tax returns. Judge Joseph Robert [...]

2009 Deductible Medical Expenses is a post from: The IRS Deductions Blog

Prescription Deductibles

admin — Fri, 05 Mar 2010 03:18:36 +0000

Question: So… You have been elected to change Health Care…?You are the newly promoted person, to develope a Universal Health Care System for the entire United States, Where do you begin? How would you do it? How would this effect Insurance Companies? How are you going to pay for it? What would be covered or [...]

Prescription Deductibles is a post from: The IRS Deductions Blog

Deductible Disability Insurance

admin — Thu, 04 Mar 2010 14:08:50 +0000

Question: Medical bills going to court has anyone ever won?I had gallbladder surgery in late February. My deductible is $5000 with insurance. I p[aid the hospital $1000 upfront before the surgery. I still owe $3500 thereabouts. Husband has been out of work injured on job (no workmens comp no assistance whatesover but we are in [...]

Deductible Disability Insurance is a post from: The IRS Deductions Blog

Deductible Medical

admin — Tue, 24 Nov 2009 08:50:42 +0000

Question: What is a Major Medical Deductible on Health insurance?I currently am receiving quotes for medical insurance and I have this one policy quote that does not list a deductible, but it does list this Major Medical Deductible for $3500.00 & total out of pocket $6000.00? What does this mean? Is this for Emergency care [...]

Deductible Medical is a post from: The IRS Deductions Blog

Medical Deductibles

admin — Sat, 31 Oct 2009 11:48:27 +0000

As we all know that the Medicare Supplement Plans or the Medigap policies are health insurance plans sold by the private insurance companies. These plans have close proximity with the Original Medicare plans. And it can also be said that these policies are not independent policies. This means that a person can get enrolled for [...]

Medical Deductibles is a post from: The IRS Deductions Blog

Medical Tax Deductions

admin — Mon, 19 Oct 2009 07:25:54 +0000

Question: Medical Expenses Tax Deductions for Expatriates?I live overseas permanently, but file US Income Taxes. According to the IRS, I know I can deduct my medical expenses as long as they are 7.5% or more of my gross income. However, can I still do this even though all of my expenses are incurred [...]

Medical Tax Deductions is a post from: The IRS Deductions Blog

Medical Expenses Deductions

admin — Tue, 25 Aug 2009 16:42:54 +0000

Question: If the taxpaper had an AGI of 20,000 and paid 13,00 in medical and dental expenses, the deduction would be?Answer: The deduction would be Zero. 7.5% of 20,000 is 1,500, which is $200 less than what the taxpayer paid in medical and dental expenses. Now, if they paid 13,000, then the deduction would be $11,500… (not [...]

Medical Expenses Deductions is a post from: The IRS Deductions Blog

Deductible Medical Expenses 2009

admin — Sun, 16 Aug 2009 19:51:01 +0000

Making career in Medical field is one of the fastest emerging areas of employment. New York Medical Career Training Center offers the best/suited career-focused medical training. If you’re trying to find the best medical career training program for your field or specialty then you have landed at the right place Nowadays the people who are [...]

Deductible Medical Expenses 2009 is a post from: The IRS Deductions Blog

Tax Medical Deductions

admin — Tue, 17 Mar 2009 06:04:52 +0000

Question: Can Tax Deductions be taken for medical expenses even though I have insurance coverage? No flex $ for 2006.?Answer: Yes along as the portion that you paid out of pocket is a certain % of your income. It is pretty high, so you would need to check with your accountant or tax [...]

Tax Medical Deductions is a post from: The IRS Deductions Blog

Medical Plan Deductibles

admin — Tue, 30 Dec 2008 09:01:34 +0000

Medicare Supplement Insurance plan is a type of private health insurance policy offered by the private insurance companies selling Medicare policies to their original Medicare policyholders. The Medicare Supplement Plans helps the policyholders to provide some of the health care expenses, which are not or partly provided by the original Medicare policies. It helps to [...]

Medical Plan Deductibles is a post from: The IRS Deductions Blog

Deductibles For Health Insurance

admin — Sun, 07 Dec 2008 13:04:39 +0000

Question: Health insurance and deductibles?Im 14 1/2 weeks pregnant with my second baby. I have health insurance and my copay is 60.00 per visit. My doctor is now having me pay 70.00 per visit that is being paid towards my deductible, which is 350.00. What happens once I reach my deductible in August. The baby [...]

Deductibles For Health Insurance is a post from: The IRS Deductions Blog

Medical Deductible

admin — Thu, 16 Oct 2008 03:22:59 +0000

Medical organizations who wish to lease medical equipment know they can depend on medical equipment leasing company for a leasing program that meets all of their financing requirements. Clinics as well as hospitals come to these companies to ensure that they can lease medical equipment to meet their present and future needs. What will be the [...]

Medical Deductible is a post from: The IRS Deductions Blog