Posts tagged as:

Medical expenses

Tax Trivia: Very Special Medical Expenses

14 January 2011

We have a winner! See the correct answer in the comments. Our next tax trivia question for the giveaway is: In 2010, a New York state appeals board disallowed more than $300,000 in deductions for medical expenses to a taxpayer/tax accountant who claimed that he required sex therapy although it was not prescribed by a [...]

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Self-Employed Folks Get a (Tax) Break

25 September 2010

As the debate over health care and health care costs continued to draw attention, it appeared as if the smallest of businesses, those who are self-employed, were being ignored. Most of the health care related tax breaks and credits have been focused on businesses with employees but those who are self-employed or primarily family owned [...]

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Just Say No: Pot Not Allowed as Medical Expense

4 August 2010

While the use of marijuana for medical reasons remains controversial, it’s becoming more mainstream. Currently, 14 states and DC have legalized medical marijuana in some form (you can check out the details here). That’s pretty interesting in and of itself since marijuana remains illegal for federal purposes. From a tax perspective, the legality of medical [...]

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Tax Benefits for the Disabled

9 February 2010

I’ve been getting a lot of questions from disabled taxpayers about whether any special tax breaks exist for them in 2009. The answer is yes – and no. As I stated in a prior post, there was some economic relief for disabled Americans in 2009 in the form of the Economic Recovery Payment (ERP) – [...]

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Transgender Community Claims Victory in Tax Court

4 February 2010

Nearly 10 years ago, Rhiannon O’Donnabhain (then Robert Donovan) underwent sex-change and breast augmentation surgeries in order to complete her transformation from male to female for a Gender Identity Disorder (GID). She claimed the costs of the procedures on her tax return as a medical deduction, arguing that the procedures were medically necessary and not [...]

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The Cost of Kids Getting Better: Is It Deductible?

3 January 2010

Those of you who follow me on Twitter (or in real life) know that one of my children has been sick for about a month. My middle child, Amy, has a form of vasculitis known as Henoch-Schonlein Purpura. It is a nasty and invasive – but fortunately not contagious – illness that attacks the joints [...]

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Ask the taxgirl: 2010 Mileage Rates

3 December 2009

Taxpayer asks: I haven’t seen the 2010 standard mileage rates that the IRS usually puts out at the end of November. Do you know if there was an announcement on this? Taxgirl says: You have super timing! I received this email at 8:53 a.m. today. At 2:36 p.m., an email from IRS landed in my [...]

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Infant Formula Not a Medical Expense

14 October 2009

It’s somehow appropriate that the IRS would release a private letter ruling regarding a double mastectomy in October (in case you’re not aware, it’s Breast Cancer Awareness month). Here are the facts: Taxpayer had a double mastectomy. She later gave birth to a healthy baby. As a result of the mastectomy, she was not able [...]

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Ask the taxgirl: Autism & Special Needs Children

10 July 2009

Taxpayer asks: My husband and I have a 4 yr old daughter diagnosed with autism (higher functioning). We are considering enrolling her in a private preschool that has a program specifically designed to help children with autism, something the public school system cannot offer. The yearly tuition is $22,000. Can any of this be tax [...]

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