Guest guest Posted April 18, 2002 Report Share Posted April 18, 2002 I know that I claimed it on my taxes (or at least tried). When filling out the Schedule A for medical expenses you have to make sure that your total medical expenses is more than 7.5% of your income, and you can only claim the difference, so even with all my photoderm, mine and my husband's wisdom teeth being removed, going to the doctor/dermatologist a few times and paying insurance I still couldn't claim anything, but I was going to if I could. In my 1040 book I read what they said was claimable/unclaimable medical expenses, and I figure that photoderm fit, but I am not an accountant or lawyer, just my opinion. > >To: rosacea-support >Subject: Photoderm Tax Deductible? >Date: Thu, 18 Apr 2002 06:28:58 -0000 > >I know medical expenses are tax deductible, but would photoderm be >considered a " medical expense " by the IRS? Since HMO's (and most >doctors) don't feel photoderm is medically necessary, I wonder if I >could still use this as a deduction. Does anyone know? > > > >-- >Please read the list highlights before posting to the whole group >(http://rosacea.ii.net/toc.html). Your post will be delayed if you don't >give a meaningful subject or trim your reply text. You must change the >subject when replying to a digest ! > >See http://www.drnase.com for info on his recently published book. > >To leave the list send an email to >rosacea-support-unsubscribe > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 18, 2002 Report Share Posted April 18, 2002 I know that I claimed it on my taxes (or at least tried). When filling out the Schedule A for medical expenses you have to make sure that your total medical expenses is more than 7.5% of your income, and you can only claim the difference, so even with all my photoderm, mine and my husband's wisdom teeth being removed, going to the doctor/dermatologist a few times and paying insurance I still couldn't claim anything, but I was going to if I could. In my 1040 book I read what they said was claimable/unclaimable medical expenses, and I figure that photoderm fit, but I am not an accountant or lawyer, just my opinion. > >To: rosacea-support >Subject: Photoderm Tax Deductible? >Date: Thu, 18 Apr 2002 06:28:58 -0000 > >I know medical expenses are tax deductible, but would photoderm be >considered a " medical expense " by the IRS? Since HMO's (and most >doctors) don't feel photoderm is medically necessary, I wonder if I >could still use this as a deduction. Does anyone know? > > > >-- >Please read the list highlights before posting to the whole group >(http://rosacea.ii.net/toc.html). Your post will be delayed if you don't >give a meaningful subject or trim your reply text. You must change the >subject when replying to a digest ! > >See http://www.drnase.com for info on his recently published book. > >To leave the list send an email to >rosacea-support-unsubscribe > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 18, 2002 Report Share Posted April 18, 2002 I know that I claimed it on my taxes (or at least tried). When filling out the Schedule A for medical expenses you have to make sure that your total medical expenses is more than 7.5% of your income, and you can only claim the difference, so even with all my photoderm, mine and my husband's wisdom teeth being removed, going to the doctor/dermatologist a few times and paying insurance I still couldn't claim anything, but I was going to if I could. In my 1040 book I read what they said was claimable/unclaimable medical expenses, and I figure that photoderm fit, but I am not an accountant or lawyer, just my opinion. > >To: rosacea-support >Subject: Photoderm Tax Deductible? >Date: Thu, 18 Apr 2002 06:28:58 -0000 > >I know medical expenses are tax deductible, but would photoderm be >considered a " medical expense " by the IRS? Since HMO's (and most >doctors) don't feel photoderm is medically necessary, I wonder if I >could still use this as a deduction. Does anyone know? > > > >-- >Please read the list highlights before posting to the whole group >(http://rosacea.ii.net/toc.html). Your post will be delayed if you don't >give a meaningful subject or trim your reply text. You must change the >subject when replying to a digest ! > >See http://www.drnase.com for info on his recently published book. > >To leave the list send an email to >rosacea-support-unsubscribe > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 18, 2002 Report Share Posted April 18, 2002 Yes, because it corrects a cosmetic disfigurement as a result of a disease. The problem is you can only deduct anything OVER 7.5% of your adjusted gross income. The first 7.5% is yours regardless of how much else you had in deductions. For example; if your AGI was $100,000 in a year and you spent $8000 on treatments, you could only deduct a whopping $500. You have to spend a heck of a lot of cash compared to what you get to deduct. > I know medical expenses are tax deductible, but would photoderm be > considered a " medical expense " by the IRS? Since HMO's (and most > doctors) don't feel photoderm is medically necessary, I wonder if I > could still use this as a deduction. Does anyone know? Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 18, 2002 Report Share Posted April 18, 2002 Yes, because it corrects a cosmetic disfigurement as a result of a disease. The problem is you can only deduct anything OVER 7.5% of your adjusted gross income. The first 7.5% is yours regardless of how much else you had in deductions. For example; if your AGI was $100,000 in a year and you spent $8000 on treatments, you could only deduct a whopping $500. You have to spend a heck of a lot of cash compared to what you get to deduct. > I know medical expenses are tax deductible, but would photoderm be > considered a " medical expense " by the IRS? Since HMO's (and most > doctors) don't feel photoderm is medically necessary, I wonder if I > could still use this as a deduction. Does anyone know? Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 18, 2002 Report Share Posted April 18, 2002 Yes, because it corrects a cosmetic disfigurement as a result of a disease. The problem is you can only deduct anything OVER 7.5% of your adjusted gross income. The first 7.5% is yours regardless of how much else you had in deductions. For example; if your AGI was $100,000 in a year and you spent $8000 on treatments, you could only deduct a whopping $500. You have to spend a heck of a lot of cash compared to what you get to deduct. > I know medical expenses are tax deductible, but would photoderm be > considered a " medical expense " by the IRS? Since HMO's (and most > doctors) don't feel photoderm is medically necessary, I wonder if I > could still use this as a deduction. Does anyone know? Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 18, 2002 Report Share Posted April 18, 2002 >I know medical expenses are tax deductible, but would photoderm be >considered a " medical expense " by the IRS? Since HMO's (and most >doctors) don't feel photoderm is medically necessary, I wonder if I >could still use this as a deduction. Does anyone know? Should be. I wrote off a total of 10 TX's in 1999 and 2000, and the IRS never challenged it. My accountant wrote off all of my med expenses including prescription meds and physician copays while I had PPO coverage. HMO should be the same in the US. Jim Quote Link to comment Share on other sites More sharing options...
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