Dental tax write offs?

Question

I was wondering if a dental procedure such as veneers can be written off. Does it matter what i have listed on my taxes as my proffesion? It wouldn't be a totally aesthetic reason, i do need dental work, but i figured it might be easier to kill two birds with one stone. Any advise will help. Thank you.

Answer 1

Dental expenses are deductible if you itemize on Schedule A (subject to the 7.5% of AGI limitation). The veneers "could" be considered cosmetic if the IRS were to examine your return closly. If your profession requires an appearance that would benefit from the veneers that may be helpful. It really depends on the mood of your examiner "if" you are subjected to an examination on the issue.

Answer 2

The portion that's for the veneers would most likely be considered cosmetic, so would not be deductible. But dental expenses generally qualify as medical expenses, and can be deducted to the extent that your total medical expenses exceed 7.5% of your adjusted gross income. They can only be deducted if you itemize.

Answer 3

The IRS has 2 different finished length guides that talk company expenditures. you may get those from the IRS now and spot which of the loads of expenditures are proper on your artwork. the hot vehicle deduction became in ordinary terms valid if to procure the motor vehicle till now Dec 31, 2009 (and after Feb 17,2009). on the different hand, if the toddler became born in January of 2010, you will of course ought to attend till next 3 hundred and sixty 5 days to declare her. in case you had earned earnings in 2009, be confident to declare the MAKE artwork Pay credit by using employing a SCH M. there's a newborn tax credit for infants sixteen and youthful of $one thousand. For low earnings filers, the EIC credit is a lot greater beneficiant while one has a newborn.

Answer 4

IF you itemize you deduction on Sch A you can deduct a portion of the expenses but no where else on the tax return.

Answer 5

It can be included in Medical Expenses on Schedule, A if you itemize. But for most people, they don't have enough Medical expenses to reach the 7.5% limitation.

Answer 6

Veneers are cosmetic and not deductible.

Answer 7

No, forget it...just get your teeth done, pay in cash and make a deal with your dentist