posted
Yes you can. Milage, rental car or taxi, air fare etc...any means to get to your medical appointment. You can also claim a portion of your meal expenses.
Keep your receipts. I kept everything but still didn't qualify. This year I dumped over $8,000 into my medical flex benefits at work to be sure the government didn't get their share.
posted
You can only deduct a PART of your medical and dental expenses that is more than 7.5% of your adjusted gross income. (Combined income if you are married). If your medical and dental expenses are less than 7.5% of your adjusted gross income, you cannot claim the deduction on your taxes. All expenses must have been paid during the current tax year. If they were expenses that you were reimbursed for (example: medical flex plan dollars, or insurance) you may not include them as medical expenses.
To figure if the deduction would work for you you need to do the following:
1. figure the amount you paid for qualifying medical expenses after reducing the amount of payments you received from insurance and other sources. This total = X
2. figure out (estimate now) your adjusted gross income.
3. multiply your adjusted gross income by 7.5% (.075) to get total Y.
4. If total Y is more than the amount you figured in step 1 (X), you cannot claim a deduction. If it is less, subtract Y from X to figure out how much you can deduct.
It's a neat concept, but unless you have a very low income or very high medical bills it is difficult to claim.
I had my TR on 4/24/06 and during my visit the subject of whether or not TR can be written off came up. My job deals with taxes and tax situations and I went on the IRS site and found Publication 502 which lists what is and isn't a valid medical expense and the following excerpt was noted:
Fertility Enhancement You can include in medical expenses the cost of the following procedures to overcome an inability to have children. * Procedures such as in vitro fertilization (including temporary storage of eggs or sperm). * Surgery, including an operation to reverse prior surgery that prevented the person operated on from having children.
This could help a bit in offsetting the cost of the procedure. I know my husband was glad I found this out and my TR buddy AJ suggested I post it on the boards for everyone to see. (Thanks AJ!)
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