Deductible Medical Expenses

Most people aren’t able to use their medical expenses on their tax return due to the high ceiling required (10% of adjusted gross income (AGI) for most, 7.5% of AGI for those 65 and older this year). But if you’ve had a particularly hard year of medical bills, there are a few often forgotten items you should consider:

1. Breast pumps and other lactation supplies are medical expenses. Infant formula, unfortunately, is not.
2. The cost of setting up a guardianship for an Alzheimer’s patient is deductible. This would include attorney fees as well as the mileage to the lawyer’s office.
3. Dyslexia language training.
4. Medical conference related to the chronic illness of yourself or a family member on your return.
5. Don’t forget you can use not only the premiums for your medical insurance, but optical and dental too.

If you have a specialized medical situation, be sure to talk to your preparer. There may be deductions you weren’t aware of that you could take advantage of on your return. It may be getting harder to take medical expenses, but if you have a lot of them, you should make every effort to take all the tax breaks to which you are entitled.


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