Thread: Tax Write-Offs
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Old 02-22-2013, 12:33 PM
annapurna annapurna is offline
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I believe it's 7.5% of your adjusted gross income that is the threshold to deduct medical. You also have to watch what you can deduct. Hotels are $50 per night if I remember correctly, regardless of what you spent. Travel for a companion wasn't deductible unless that person had medical training and was necessary for your care. Basically, save every receipt and sit down towards the end of the year to figure out what you can deduct. Also, a huge deduction makes an audit more likely so be careful to document everything, including the benefits of traveling to see your chosen surgeon.
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Laura - L5S1 Charitee
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Jim - C4/5, C5/6, L4/5 disk bulges and facet damage, L4/5 disk tears, currently using regenerative medicine to address

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