I found this document, https://www.irs.gov/pub/irs-pdf/p502.pdf. On page 30, it says that non-prescription meds (like aspirin) can't be deducted. I take that to also mean tylenol, OTC vitamins, etc...even if suggested by a doctor.
Thoughts??
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I've always given my accountant totals for otc meds, vitamins, etc. I thought it was deductible. I think rules can change year to year or maybe it is deductible for state and not for fed? they don't always have the same rules.
I'm totaling it all again this year and I'll see what they say. I'm writing off any I possibly can.
Worrying does not empty tomorrow of its troubles,
It empties today of its strength. ~Corrie ten Boom
Courage doesn't always roar.
Sometimes courage is the little voice at the end of the day that says I'll try again tomorrow. ~Mary Anne Radmacher (thank you beadinglady)
It's been a long journey. TTC since 9/06. multiple IUI's and IVF's and 4 m/c's. IVF#3 = BFP, twins, induced at 34w6d due to baby b passing away (no explanation). Delivered on 35w1d, Baby A - baby girl, and Baby B - baby boy, our little angel.
MTHFR A1298C & C677T, Immune Issues and Factor II
I just add everything and let my accountant deal with the specifics, it's enough to make me lose my mind (do i have any thing left up there after all the if stress??
Worrying does not empty tomorrow of its troubles,
It empties today of its strength. ~Corrie ten Boom
Courage doesn't always roar.
Sometimes courage is the little voice at the end of the day that says I'll try again tomorrow. ~Mary Anne Radmacher (thank you beadinglady)
It's been a long journey. TTC since 9/06. multiple IUI's and IVF's and 4 m/c's. IVF#3 = BFP, twins, induced at 34w6d due to baby b passing away (no explanation). Delivered on 35w1d, Baby A - baby girl, and Baby B - baby boy, our little angel.
MTHFR A1298C & C677T, Immune Issues and Factor II
What you found on irs.gov is correct, and I don't think the rules have changed recently. People may be confused because OTC meds such as tylenol etc. are reimbursable for flex spending accounts and health savings accounts. The guidelines for FSAs and HSAs are broader than they are for income taxes. HTH!
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Re: f/u to my post about tax deductible stuff...
I've always given my accountant totals for otc meds, vitamins, etc. I thought it was deductible. I think rules can change year to year or maybe it is deductible for state and not for fed? they don't always have the same rules.
I'm totaling it all again this year and I'll see what they say. I'm writing off any I possibly can.
Worrying does not empty tomorrow of its troubles, It empties today of its strength. ~Corrie ten Boom
Courage doesn't always roar. Sometimes courage is the little voice at the end of the day that says I'll try again tomorrow. ~Mary Anne Radmacher (thank you beadinglady)
It's been a long journey. TTC since 9/06. multiple IUI's and IVF's and 4 m/c's. IVF#3 = BFP, twins, induced at 34w6d due to baby b passing away (no explanation). Delivered on 35w1d, Baby A - baby girl, and Baby B - baby boy, our little angel.
MTHFR A1298C & C677T, Immune Issues and Factor II
Is there ?a deduction for stress?
We could all REALLY make out!?
I hate all this tax prep!
I just add everything and let my accountant deal with the specifics, it's enough to make me lose my mind (do i have any thing left up there after all the if stress??
Worrying does not empty tomorrow of its troubles, It empties today of its strength. ~Corrie ten Boom
Courage doesn't always roar. Sometimes courage is the little voice at the end of the day that says I'll try again tomorrow. ~Mary Anne Radmacher (thank you beadinglady)
It's been a long journey. TTC since 9/06. multiple IUI's and IVF's and 4 m/c's. IVF#3 = BFP, twins, induced at 34w6d due to baby b passing away (no explanation). Delivered on 35w1d, Baby A - baby girl, and Baby B - baby boy, our little angel.
MTHFR A1298C & C677T, Immune Issues and Factor II
My H said he's deducted everything in the past. They may have changed the rules recently.
I don't save my receipts for otc stuff so I wouldn't be able to deduct anything.
My first haircut!
Severe MFI - on to IVF w/ ICSI
IVF#1-2: BFN
IVF#3: BFP! - 1/24: ET - 5d - 2 blasts - 2/02: Beta #1: 16.2 ...... 2/04: Beta #2: 35 ...... 2/09: Beta #3: 401.5 - I'm pregnant! - 2/13: u/s #1 - baby boy, due 10/12, born 10/16! ...... 8 lbs 0 oz, 22 inches!
What you found on irs.gov is correct, and I don't think the rules have changed recently. People may be confused because OTC meds such as tylenol etc. are reimbursable for flex spending accounts and health savings accounts. The guidelines for FSAs and HSAs are broader than they are for income taxes. HTH!