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Re: Copays and tax time From: anonymous (anonymous@obgyn.net) Fri Nov 28 23:23:52 2008 Messages sorted by: [ date ][ thread ][ subject ][ author ] Next message: Leyna: "Re: Pain and no support from husband" Previous message: Leyna: "Re: 'Stamp Out Endo' Campaign" In reply to: Michele: "Re: Copays and tax time" At Sat, 22 Nov 2008, Michele wrote: > >Yes you can deduct copays meds travel expense yearly premiums.Keep all >receipts. The amount has to be 7% and higher of your annual salary. So >if you make $50,000 a year your deductions has to be more than $3500. >Discuss it with the person who does your taxes. >Hope that helps. > >At Sat, 22 Nov 2008, Kelly wrote: >> >>Over the past year I have spent alittle over a grand in copays and >>deductables from either meds, surgery and or doctors visits. Can anyone >>tell me if this is a right off at tax time? Being as this looks to be a >>long road ahead, I would like to know if I will get some kind of break >>money wise at the end of the year. >> >>Thanks in advance. Michele is right, but it ALSO has to be MORE than the standard deduction you take, and standard deductions change from year to year. Next message: Leyna: "Re: Pain and no support from husband" Previous message: Leyna: "Re: 'Stamp Out Endo' Campaign" In reply to: Michele: "Re: Copays and tax time"

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