Quick Reference for Tax Professionals ? Medical and Dental Deductions

Mar 11, 2015

Quick Reference for Tax Professionals ? Medical and Dental Deductions

Mar 11, 2015

As a tax professional, sometimes you need an answer right now. At UltimateTax we want to offer your more than professional tax software, we want to help you find solutions.

Here is a quick list for you to reference of qualifying medical expenses and treatments for conditions that have not been reimbursed by insurance, paid for from a Health Savings Plan or Flexible Spending Arrangement.

There are exceptions and special rules, please see IRS Publication 502 for further information.

Acupuncture
Alcoholism Treatment
Ambulance Service
Artificial Limb
Artificial Teeth (not cosmetic)
Bandages
Birth Control Pills
Body Scan
Braille Books & Magazines
Breast Pumps and Supplies
Breast Reconstruction Surgery (not cosmetic)
Capital Expenses for Medical Purposes (see Publication 502 for list of home improvements)
Car Equipment and Modifications for Disabled
Chiropractor
Christian Science Practitioner
Contact Lenses
Crutches
Dental Treatments (not cosmetic)
Diagnostic Devices
Drug Addiction Treatment
Eye Exam
Eye Surgery
Fertility Enhancement
Guide Dog or Service Animal Expenses
Hearing Aids
Hospital Services
Insurance Premiums
Laboratory Fees
Lodging (for medical care purposes)
Meals (hospital or institution)
Medicines (prescribed)
Nursing Home Medical Expenses
Nursing Services
Operations (not cosmetic)
Osteopath
Oxygen
Physical Examination
Pregnancy Test Kit
Psychiatric Care
Psychoanalysis
Psychologist
Special Education for Children
Sterilization
Stop-Smoking Programs
Telephone for disabled
Television for disabled
Therapy
Transplant
Transportation for Medical Care (see Publication 502 page 14 for details)
Trips for Medical Purposes
Vasectomy
Weight-Loss Program (if prescribed)
Wheelchair
Wig (for medical reasons)
X-Ray

Please note – Medical costs are deductible if they are above 10% AGI (adjusted gross income). Unless client is 65 or over, then costs are deductible above 7.5% AGI

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