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I had to pay for my gastric bypass but can't find if it's an allowable deduction

2007-03-16 15:47:25 · 4 answers · asked by Mar d 1 in Business & Finance Taxes United States

4 answers

Since 2000, the total cost of all medically necessary weight loss treatment has been considered a deductible medical expense for income tax purposes. Those tax deductions can help you pay for at least part of the cost of your gastric bypass surgery or help you get back your co-payment for the surgery. Under the Internal Revenue code, treatment for weight loss includes behavioral counseling, nutritional counseling, prescriptions, and gastric bypass surgery if they are undertaken to treat or prevent specific diseases caused by excessive body weight.

Hope this helps.

2007-03-16 16:46:50 · answer #1 · answered by Dolores S 1 · 1 1

Weight-Loss Program
You can include in medical expenses amounts you pay to lose weight if it is a treatment for a specific disease diagnosed by a physician (such as obesity, hypertension, or heart disease). This includes fees you pay for membership in a weight reduction group and attendance at periodic meetings. You cannot include membership dues in a gym, health club, or spa as medical expenses, but you can include separate fees charged there for weight loss activities.

Gastric ByPass surgery is a surgical procedure so the out of pocket expenses that you have would be deductible if the total out of pocket expenses exceeded 7.5% of your adjusted gross income and you are itemizing your deductions rather than taking the standard deduction

Publication 502
http://www.irs.gov/publications/p502/index.html

2007-03-16 23:00:50 · answer #2 · answered by Rob 7 · 2 0

ALL necessary medical expenses are deductable on your Itemized deductions(over 7 % of your AGI) in other words yes if you itemize deductions.....Nuf Said

2007-03-16 23:03:58 · answer #3 · answered by Elo Fudpucker 5 · 1 0

If you itemize, the amount of your medical expenses that exceeds 7.5% of your adjusted gross income can be deducted.

2007-03-17 00:03:38 · answer #4 · answered by 2smart 4 · 0 0

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