Taxes and Medical Deductions

As Tax Day is upon us, it is important to remember that many of the expenses that brain injury survivors and their families incur as a result of injuries suffered can then be deducted when preparing a given year’s Federal tax return.  The link below leads to an official IRS overview of which medical expenses can be deducted for this year’s Federal taxes.

https://www.irs.gov/taxtopics/tc502.html

The IRS even has an interactive tax assistant to help you determine if you can deduct a particular expense.  It is fairly easy to use though it has a bit of weird feature in which there is a drop down menu of letters of the alphabet where you first identify the type of expense by the first letter of the word (e.g “B” for “Bandage”) and then there is a second drop down menu which follows for the actual name of the expense (e.g. “Bandage” and “Breast Reconstruction” are all under the “B” drop down).

https://www.irs.gov/uac/Can-I-Deduct-My-Medical-and-Dental-Expenses%3F

Learn about brain injury treatment services at the Transitional Learning Center: tlcrehab.org

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