Co-payments?

1 ⤊

Are my co-payment tax- deductable?
They were for my son who is in therphy for depression

2006-11-10 03:17:37 · 2 answers · asked by ceemagiclydia 2 in Business & Finance ➔ Taxes ➔ United States

2 answers

If you itemize on Schedule A and your son is your dependent you may take a deduction for his co-payments if you are making them. All medical deductions are subject to the 7.5% limitation including co-payments.

2006-11-10 04:16:15 · answer #1 · answered by ? 6 · 1⤊ 0⤋

Yes they are.

2006-11-10 11:25:23 · answer #2 · answered by Pinolera 6 · 0⤊ 0⤋