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#6
03-04-2006, 10:49 PM
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 Re: Medical Expenses deduction... steve-o wrote: - quote - > If it isn't pretax, and above the 7% why not?
For medical deductinons the percentage is 7.5%, not 7%.Missy Doyle << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#5
03-03-2006, 05:10 PM
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| Re: Medical Expenses deduction... If it isn't pretax, and above the 7% why not? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#4
03-03-2006, 04:50 PM
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| Re: Medical Expenses deduction... Yes, for spouse and dependents as well as yourself. Nan, EA in LA << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#3
03-03-2006, 04:50 PM
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| Re: Medical Expenses deduction... 123[at]456.com (Shhhh) posted: - quote - > I pay for my families health insurance myself
Yes. If you're itemizing on Schedule A, you should include> through Blue Cross Blue Shiel... pay about > $375 a month... in addition to physician fees > and other fees. is health insurance deductible > in the medical expense category? health insurance premiums that you paid for your family. Bill << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#2
03-03-2006, 04:50 PM
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| Re: Medical Expenses deduction... "Shhhh" <123[at]456.com> wrote: - quote - > I pay for my families health insurance myself through Blue
Yes, medical insurance fees contribute to your (potentially)> Cross Blue Shiel... pay about $375 a month... in addition > to physician fees and other fees. is health insurance > deductible in the medical expense category? deductible medical expenses. Ira Smilovitz << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
03-03-2006, 04:50 PM
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| Re: Medical Expenses deduction... Shhhh wrote: - quote - > Hello all,
Yes, provided your medical expenses exceed 7.5% of your AGI,> I pay for my families health insurance myself through Blue > Cross Blue Shiel... pay about $375 a month... in addition > to physician fees and other fees. is health insurance > deductible in the medical expense category? AND assuming that all your itemized deductions are more than the standard deduction for your filing status. This is all explained in the Schedule A instructions. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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03-03-2006, 04:49 PM
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| Re: Medical Expenses deduction... "Shhhh" <123[at]456.com> wrote: - quote - > I pay for my families health insurance myself through Blue
Yes. See IRS Publication 502.> Cross Blue Shiel... pay about $375 a month... in addition > to physician fees and other fees. is health insurance > deductible in the medical expense category? -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
03-03-2006, 06:25 AM
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| Medical Expenses deduction... Hello all, I pay for my families health insurance myself through Blue Cross Blue Shiel... pay about $375 a month... in addition to physician fees and other fees. is health insurance deductible in the medical expense category? Thanks, Shhhh << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| deduction, expenses, medical |
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