posted
Yeah I didn't know that either but I will be using that in my tax return. The only thing I think if I am using A flexible spending account for a portion of it that will not be tax deductible I would assume since those are pretax dollars anyway.
posted
$6000 surgery times your tax bracket of 25% will SAVE YOU $1500 in taxes! I just wanted people to know that all costs for travel, food, and medical issues (even pregnancy tests) related to having your tubes reversed are tax deductible (www.irs.gov - publication 502) Take your income, multiply it by 7.5%. This equals how much the government expects you to pay for medical each year..ANYTHING ABOVE THIS AMOUNT CAN COME FROM TAX FREE GROSS INCOME. There is a whole list of everyday medical expenses that you should keep track such as, eye drops (like Visine), condoms, cold medications, eye glasses, all the way to annual doctor's visits..They all add up to tax savings!
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