SRS may now be tax-deductible

Blade · 02-03-2010, 09:57 AM

I used the medical deduction several years ago. I think the amount had to exceed 6% of your income back then. H&R Block didn't ask for any receipts or anything just the amount. It was the sum of Dr office visits, medication and procedures that weren't covered by insurance and any special equipment needed during that time.

I think the ruling is great though. I guess I didn't realize that it had to be a medically necessary thing to make the deduction. Thank goodness I guess it was 10 yrs ago, so the can't come back on me now.

02-03-2010, 09:57 AM	#5
Blade Infamous Member How Do You Identify?: TG Preferred Pronoun?: He Relationship Status: once in a while someone amazing comes along...and here I am! Join Date: Jan 2010 Location: Down on the farm Posts: 5,501 My Photo Gallery Thanks: 9,855 Thanked 14,412 Times in 4,058 Posts Rep Power: 21474858	I used the medical deduction several years ago. I think the amount had to exceed 6% of your income back then. H&R Block didn't ask for any receipts or anything just the amount. It was the sum of Dr office visits, medication and procedures that weren't covered by insurance and any special equipment needed during that time. I think the ruling is great though. I guess I didn't realize that it had to be a medically necessary thing to make the deduction. Thank goodness I guess it was 10 yrs ago, so the can't come back on me now.