Medical expense deduction
Writing off their care
Reviewed when it fitsFederal
If your loved one is your dependent, or would be but for their income, their treatment, medications, travel to care, and some residential program costs can be deducted on your return once they pass 7.5% of your income.
Leads to
Nothing else, but it is your money
Where Families Get Stuck
Not keeping receipts, and not knowing the "would be your dependent but for income" rule.
The details
- Worth
- Depends on spend; families paying $7,000 a year often qualify
- Forms
- Schedule A
We research and prepare. We do not file.