2007-03-11 06:56:44 · 5 answers · asked by ms80 1 in Business & Finance ➔ Taxes ➔ United States
If you are otherwise Itemizing your deductions rather than taking the Standard deduction for your filing status, then yes you can deduct medical expenses that you paid in 2006.
Keep in mind that you have to reduce your total medical expenses by 7.5% of your adjusted gross income.
Here is the link to Publication 502 Medical and Dental Expenses
http://www.irs.gov/publications/p502/index.html
If you are not itemizing your deductions then you can not claim the medical expenses
2007-03-11 07:06:28 · answer #1 · answered by Anonymous · 2⤊ 0⤋
You can deduct your prescription medications that you paid for and any expenses that were not covered by your health insurance. Anything that you paid out of pocket for. You can also deduct your travel to the doctors' office or hospital.
2007-03-11 14:01:30 · answer #2 · answered by shalvtor 2 · 0⤊ 1⤋
If you itemize, you can deduct unreimbursed medical expenses but only the amounts that exceed 7.5% of your AGI (adjusted gross income).
2007-03-11 14:25:17 · answer #3 · answered by Judy 7 · 1⤊ 0⤋
Only if you use the 1040 long form, not EZ.
2007-03-11 14:00:14 · answer #4 · answered by Venita Peyton 6 · 0⤊ 0⤋
Yes you can. Here's a helpful article. http://www.bankrate.com/brm/itax/tips/20010323a.asp
2007-03-11 14:01:25 · answer #5 · answered by chimneygod 3 · 0⤊ 0⤋