Hi,
Does IVF (In Vitro Fertilization) treatment eligible for tax credit?
Thanks
RP
2006-11-28 03:51:48 · 4 answers · asked by royal_pick 1 in Pregnancy & Parenting ➔ Trying to Conceive
You can right this off as a medical cost. Any medical cost that comes out of pocket (after taxes) is tax deductable. HOWEVER, I believe your total out of pocket medical must be 15% (or more) of your adjusted gross income inorder to receive credit. I could be wrong about the percentage, so ask you tax person, or look on the IRS's website at www.irs.gov to make sure.
Good Luck!
2006-11-28 05:02:31 · answer #1 · answered by Kristi 2 · 1⤊ 0⤋
Sorry don't know but thats a good question because that is a large amount of money, does it matters since it is your choice of getting it,I don't think so do an online search of it
2006-11-28 11:55:42 · answer #2 · answered by I wish I could......... 4 · 0⤊ 0⤋
No it is not. I just recently completed my IVF and asked my accountant and she said no.
2006-11-28 12:08:26 · answer #3 · answered by KC 5 · 0⤊ 1⤋
I'm sure it depends on jurisdiction.
In Canada, yes.
2006-11-28 16:51:55 · answer #4 · answered by kheserthorpe 7 · 0⤊ 0⤋