2007-03-18 14:28:14 · 6 answers · asked by fantozzizoo 1 in Business & Finance ➔ Taxes ➔ United States
Yes, and No. If you itemize you can write off the co-pay, or deductible. Your state may allow you to write off the cost of driving to and from the doctors’ office. In other words the write-off for a vasectomy is no different from the write-off you get for an eye exam, or any other routine medical expense.
2007-03-18 15:36:23 · answer #1 · answered by Marvin 7 · 0⤊ 1⤋
Sure. Page 276, subsection (b-1) (d) of the Internal Revenue Code.
$ 50.00 tax credit available.
1967 "Aborted Children Act" credit.
2007-03-19 09:07:13 · answer #2 · answered by bold4bs 4 · 0⤊ 0⤋
You can claim them as part of your itemized deductions for medical expenses if you itemize. Medical expenses are subject to a 7.5% AGI limitation.
There are no tax credits for medical care of any type.
2007-03-18 15:13:36 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋
If you itemize, you can take these as medical expenses. Only the portion of your medical expenses that are over 7.5% of your income can be deducted.
2007-03-18 14:37:31 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
No, but there should be. People that are responsible like that should be rewarded.
2007-03-22 06:18:07 · answer #5 · answered by eviltruitt 4 · 0⤊ 0⤋
No.
2007-03-18 14:36:41 · answer #6 · answered by Anonymous · 0⤊ 2⤋