SELF PAY PATIENTS, ANYONE KNOW IF PART OF THE SURGERY IS A TAX WRITE OFF???
I just had my tax return done at HR Block today, and according to their tax book you can even deduct weight-loss foods that go beyond what regular food costs, plus any doctor-recommended exercise programs.
Sadly, I've never been able to show that my medical expenses of any sort exceeded the 7.5 percent rule. But I would think that for self-pay patients, this tax deduction would be essential.
I kind of think my protein supplements and vitamins only replace the cost that I'm saving in food by eating less. I added up everything last night All 2012 health receipts, what state tax would be, what local tax would be, property tax and the total figure is over the $11,900 standard deduction but than when I subtracted the 7.5 % of the adjusted gross it brought the number down to just a little over 10,000 so unless there's something else that I'm not thinking of that can be itemized besides what I mentioned it's better to take the standard deduction. (Even though I was self pay, ) Probably is because I'm not getting all my surgery related bills in 2012 some came in 2013 and are still coming. :-(
HW 302 lbs. SW 279.8 lbs. CW 193.8 lbs MFP Jarabacoagirl Preop diets 22.2 lbs, 1st month 21.2 lbs, 2nd month 14.6 lbs, 3rd month 11.2 lbs, 4th month 7 lbs, 5th month 7 lbs, 6th month 6.8 lbs, 7th month 5.2 lbs, 8th month 4.4 lbs 9 and 10th months slowed down didn't record exactly
108.2 lbs lost from highest weight!
(86.2 lbs of that was lost since surgery date)
I deducted mine back in TY2008.
I did use a Health Care Savings Account for 5000 of it and you can't deduct that because it's pre-tax money. But I deducted the rest.
HW - 225 SW - 191 GW - 132 CW - 122
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I claimed it on my taxes and got more moeny back than I normally would have.
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Surgery 10/15/12 - HW-263lbs GW-150lbs CW- 170.8