Look deep to uncover 35 ‘hidden’ medical deductions — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Look deep to uncover 35 ‘hidden’ medical deductions

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Can you deduct medical expenses on your 2008 tax return? For most taxpayers, it’s a long shot. You’re entitled to a deduction only to the extent your unreimbursed expenses for the year exceed 7.5% of your AGI.

Don’t give up so quickly. If you scour your records, you may find certain expenses that will push you over the 7.5%-of-AGI mark.

The IRS and the courts have approved deductions for several rather unusual or extraordinary expenses over the years. Here’s a partial list, in alphabetical order, of 35 deductible expenses you might easily overlook.  

1. Acupuncture services (IRS Revenue Ruling 72-593)

2. Attendant to accompany blind or deaf student (IRS Revenue Ruling 64-173)

3. Auto equipment enabling a disabled person to operate a car (S.H. Weinzimer, TC Memo 1958-137)

4. Birth control pills purchased under physician’s prescription (IRS Revenue Ruling 73-200)

5. Chiropractor visits (IRS Rev...(register to read more)

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