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night_shade
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Reged: 08/26/03
Posts: 907
Loc: The State of Hockey
Re: Deducting OP purchases on taxes?
      12/11/03 01:05 PM

Yes, they count under medical expenses if you file a form 1040. Only count US OP expenses, though, (including shipping, meds and consult)...IOP purchases are technically against the law. You only have to provide receipts if you are audited. (And even then it is an acceptable medical expense.)

The problem with deducting medical expenses is that they have to equal 7% of your income to be deductible and are only deductible if you itemize deductions.

Hope that helps.

--------------------
Never underestimate the predictability of stupidity.
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Entire topic
Subject Posted by Posted on
* Deducting OP purchases on taxes? Miss_EttiKit 12/11/03 12:59 PM
. * * Re: Deducting OP purchases on taxes? night_shade   12/11/03 01:05 PM
. * * Re: Deducting OP purchases on taxes? 537   12/11/03 01:50 PM
. * * Re: Deducting OP purchases on taxes? drewsmerdel   12/11/03 02:07 PM
. * * Re: Deducting OP purchases on taxes? 537   12/11/03 02:28 PM
. * * Re: Deducting OP purchases on taxes? night_shade   12/11/03 02:49 PM
. * * Re: Deducting OP purchases on taxes? Sweetz   12/27/03 06:50 PM
. * * Re: Deducting OP purchases on taxes? night_shade   12/29/03 09:07 PM
. * * Re: Deducting OP purchases on taxes? IMSUSCOT1   12/27/03 01:05 AM

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