IRS TO ALLOW MEDICAL DEDUCTION FOR PARENTS ATTENDING MEDICAL CONFERENCE FOR THEIR CHILDREN

[Guest guest]

> IRS TO ALLOW MEDICAL DEDUCTION FOR PARENTS ATTENDING MEDICAL CONFERENCE

> FOR THEIR CHILDREN

>

> Monday, May 8, 2000

>

>

> " Today's ruling means that parents who must often expend a great deal of

> money to learn about innovative treatment for their children will be

> able to deduct some of the costs of attending these conferences " , said

> . " Virtually everyone else attending meetings can deduct the cost:

> physicians, vendors, salespeople. I thought that the parents of the

> patient should get a little help, too, and I am delighted the IRS has

> agreed.

>

> Professional and advocacy groups that focus on particular diseases or

> physical conditions frequently hold national meetings at which parents

> can meet with leading researchers and health practitioners to learn

> about the latest techniques for addressing their children's health care.

> In many cases, parents do not have access to such state-of-the-art

> procedures in their home communities and can inform their doctors of new

> treatments learned at the conferences.

>

> said he will work with various children's health and advocacy

> organizations to ensure that parents have access to IRS Revenue Ruling

> 2000-24 for the 2000 tax year. According to today's decision, parents

> will be able to deduct " amounts paid by an individual for expenses of

> admission and transportation to a medical conference relating to the

> chronic disease of the indivdual's dependent. "

>

> For further information, see: Internal Revenue Bulletin 2000-19 (May 8,

> 2000), Rev. Rul. 2000-24, pp 963-964.

TBTG!

~beth, mum to shane & grace

angelus@...

" all children have gifts, some just open them later than others. "