Friday, October 30, 2009

If You Can Deduct Medical Expenses - Here are Possibilities for Diabetics

Flexible Spending Plan - Section 125 Cafeteria Plan

Please Check with your Accountant or CPA for a complete list of deductible expenses for Diabetics. This list of deductions are meant to alert you to possibilities of medical expense deductions if you file a 1040 and itemize your medical deductions.
Accepted Over-The-Counter Items

Diabetic Lancets
Diabetic Supplies
Diabetic Test Strips
Glucose Meters

Deductible Expenses In curred for Services by Medical Professionals

Chiropractors Fees
The Cost of Diagnostic Services
Eye examinations related to Diabetes
Laboratory Fees
Optometrists Fees
Osteopaths Fees
Physicians Fees
The Cost of Sexual Inadequacy treatment conducted by Psychiatrists at
a Hospital related to diabetes.
Specialists Fees like a Diabetologist
Surgeons Fees

Deductible expenses Incurred for Services by Persons Other than Medical Professionals

The Cost of a Guide to Assist a Blind Person walking to School

Fees for participation in a Weight Loss Program prescribed by a Doctor for the treatment of Obesity in a Diabetic.

Deductible Capital Expenses

The Cost of Artificial Limbs for a Diabetic Amputee

The Cost of an Autoette (a small three wheeled vehicle) or wheelchair used primarily to alleviate illness.

The Excess Cost of Braille Books and Magazines bought for a visually impaired person over the cost of Regular Printed Editions.

The Cost of Educational Devices for a Child going blind form Diabetes.

The Cost of Eye Glasses
The Cost of a Leader Dog and Training for a Blind Person

The Cost of a Dog trained to detect a persons Blood Sugar Level

Deductible Expenses Incurred for Medicine, Special Foods

The Cost of Prescription Drugs
The Cost of Insulin
The Cost of Vitamins prescribed by a Doctor for treating Disease

The Cost of Special Low or No Sugar Food (Check on Latest IRS Rulings)

Deductible Expenses Incurred for Care by Hospitals and Other Institutions

Amounts paid for In-Patient Hospital Care

Deductible Educational Expenses

The Cost of Attending a Special School that Teaches Braille or Lip Reading.

Deductible Transportation Expenses

Car expenses incurred to obtain Medical Care

The Rental Cost of a Car that is Essential to obtaining Medical Care and is used primarily for that purpose.

See your CPA or Accountant for other Transportation Expenses allowed

Deductible Meal and Lodging Expenses

Meals and Lodging at a Hospital in connection with In-Patient Hospital Care.

See your CPA or Accountant for other Transportation Expenses