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Does anyone have tax advice?
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| iSpine Discuss Does anyone have tax advice? in the Main forums forums; Is there an annual limit? I've been pouring over the IRS documents about medical deductions and I do not ... |
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02-18-2009, 06:15 PM
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Is there an annual limit? I've been pouring over the IRS documents about medical deductions and I do not see anything about an annual limit.
In addition I've plugged this all into my software and its not flagging me that I've exceeded any limit. I'm consulting with 3 different accountants right now and none have mentioned an annual limit. I've quoted them all the cost.
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44 Year Old, mom of 3 DDD - l4-s1- woke up Feb 2005 and couldn't walk Tried PT, Injections, Accupuncture, drugs, etc. 2 level Prodisc ADR L4-S1, Feb. 18, 2008 Dr. Bertagnoli - Straubing, Germany - SUCCESS - Now I struggle with Neck Pain likely c5-7 PT, injections, rhizotomy.......MRI and CT Myleo not consistent with pain symptoms, waiting that out, keeping my passport valid 
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02-18-2009, 08:12 PM
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i do not believe there's any limit. which is good. but when we did ours we had 25k to go in deductions and the money coming back wasn't changing, meaning you can only get back what you have paid in.
we used hr block software and as mark said lodging airline tickets blah blah was deductible. if you like i am sure i can give you the number of a spiney CPA if you would like to talk to her? thrisry err spelling her name is susan. chuck
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ddd 1990 2003 mri,xrays,shots,emg 2004 discogram ouch pos l4 l5 facet block neg lost all appeals BCBS 5 months of that 3 surgeons later surgery with dr. bertagnoli aug 2nd 2006 in Bogen Germany Successfully ProDisc-L L-4 L-5
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02-18-2009, 10:55 PM
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We are dealing with the same tax issues. You can go to the Internal Revenue Service website and download Publication 502, which addresses these issues.
My understanding is that you can deduct medical expenses which are over 7 or 7.5% of your gross income. You can deduct $50/day for lodging ($100/day if you were accompanied by someone). It is not clear if you can deduct a spouse's travel costs (the document refers to an accompanying parent...), so that will be a question for our accountant.
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