s**m
发帖数: 1564 | 1 Case: There was no Healthcare FSA. Paid Health insurance (with copay &
deductible) through employer. Now tax accountant asked for these
documentations. In my impression, if such expenses do not accumulate over s
certain amount, there is no benefit. Am/Was I wrong? i.e., Can medical
expenses be itemized?
for examples:
prescriptions,
lab & tests,
co-pay,
eye glasses,
dental (cleaning, filling, etc)
round trip mileage to each medical visit
Thanks | s***e
发帖数: 2795 | 2 Yes, they all can. but it's difficult to get deduction if you have a high
AGI.
s
【在 s**m 的大作中提到】
: Case: There was no Healthcare FSA. Paid Health insurance (with copay &
: deductible) through employer. Now tax accountant asked for these
: documentations. In my impression, if such expenses do not accumulate over s
: certain amount, there is no benefit. Am/Was I wrong? i.e., Can medical
: expenses be itemized?
: for examples:
: prescriptions,
: lab & tests,
: co-pay,
: eye glasses,
| m********n
发帖数: 782 | 3 要过10214才有的deduct
s
【在 s**m 的大作中提到】
: Case: There was no Healthcare FSA. Paid Health insurance (with copay &
: deductible) through employer. Now tax accountant asked for these
: documentations. In my impression, if such expenses do not accumulate over s
: certain amount, there is no benefit. Am/Was I wrong? i.e., Can medical
: expenses be itemized?
: for examples:
: prescriptions,
: lab & tests,
: co-pay,
: eye glasses,
| s**m
发帖数: 1564 | 4 what's this # then? thanks
【在 m********n 的大作中提到】
: 要过10214才有的deduct
:
: s
| s**m
发帖数: 1564 | 5 can you please elaborate more?
【在 s***e 的大作中提到】
: Yes, they all can. but it's difficult to get deduction if you have a high
: AGI.
:
: s
| s***e
发帖数: 2795 | 6 Medical expenses are subject to 7.5% of AGI. In another word, medical
expenses are only deductible to the extent that they exceed 7.5% of your
Adjusted Gross Income.
【在 s**m 的大作中提到】
: can you please elaborate more?
| s**m
发帖数: 1564 | 7 Thanks. That's what I learned in the past while I did my own tax return with
commercial softwares. However, this year I was using services of a tax
accountant and she asked for such things for deduction. I didn't ask her
detailed reason at that time. Looks like she didn't know how much I spent,
but like to do calculations. I can only find some bills & receipts and
thought I don't have to use such itemized deduction anyway. Now I don't have
to bother to find all of bills, receipts, etc.
thanks
【在 s***e 的大作中提到】
: Medical expenses are subject to 7.5% of AGI. In another word, medical
: expenses are only deductible to the extent that they exceed 7.5% of your
: Adjusted Gross Income.
|
|
