Bariatric surgery tax deductible?

Amy T.
on 2/2/12 10:43 am - Labadieville, LA
 Hi , I had to pay cash for my bariatric surgery. Would anyone have any idea if this is tax deductible?? Thanks!
    
Cookie1974
on 2/2/12 11:00 am
If you don't mind me asking, how much did the surgery cost?
Amy T.
on 2/2/12 11:31 am - Labadieville, LA
 Well I had a new procedure done called POSE.  I have only met one other person on here that was having it done.  Still new, I guess.  It costed me $11, 700. It was outpatient, went down my throat.  It seems to be sucessful so far.  Down 40 lbs. had it done Nov. 15.
Nonie0123
on 2/2/12 11:16 am - MT
It's tax deductible if you pay more than $4,500 out of pocket. (I've been doing my taxes this week)
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Ms. Cal Culator
on 2/2/12 12:38 pm, edited 2/2/12 1:17 pm - Tuvalu
Generic User_Name
on 2/2/12 11:37 am
 According to the IRS website, www.irs.gov/publications/p502/ar02.html#en_US_publink1000178 993

"You can deduct on Schedule A (Form 1040) only the amount of your medical and dental expenses that is more than 7.5% of your AGI (Form 1040, line 38)."  

Translating the previous quote into English, you can deduct the amount of medical and dental expenses that is greater than 7.5% of your adjusted gross income.

Bariatric surgery is considered an operation and "y
ou can include in medical expenses amounts you pay for legal operations that are not for unnecessary cosmetic surgery." 


Amy T.
on 2/2/12 11:41 am, edited 2/2/12 11:42 am - Labadieville, LA
 Thanks for this info!!
MacMadame
on 2/2/12 11:40 am - Northern, CA
It's tax deductable but you can only deduct it if your medical expenses are more than 7.5% of your adjusted gross income. I'm guessing they were though.

If you think you make the cutoff, you should deduct EVERYTHING. This includes co-pays for pre-op and post-op visits and testing, lab test costs, mileage driving back and forth to the doctors. Most years that stuff doesn't add up enough but in a year where you have to self-pay for surgery, they should.

Here's the completely IRS rules on what you can and can't deduct:

http://www.irs.gov/publications/p502/ar02.html

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Ms. Cal Culator
on 2/2/12 12:40 pm - Tuvalu
MacMadame
on 2/3/12 9:14 am - Northern, CA
You put it all on your tax returns is what I meant. You have to put it all on there even if you only put the total over 7.5% in the little box that subtracts from your tax owed.

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