Writing off prescription Supplements U.S. taxes

[Guest guest]

Hi,

I understand that according to U.S. tax law you can write off

prescriptions as medical expenses but not over-the-counter

medications. So regular supplements even when prescribed by a doctor

cannot be written off. But what about supplements that you have to

have a prescription to get - such as Labs stuff? I asked my

accountant's assistant and she thinks it applies. We'll meet with

the accountant later but before I do hours of research to dig out

last years prescription sups I'm hoping someone will have experience

with this. I would much appreciate answers form any accountant or

tax experts out there. Or anyone who's got an answer.

Also what about Isoprinosine? Since it's a prescription I seem like

it could be written off. Just because it's purchased of the country.

Thank you in advance. :-)

Jo

[Guest guest]

hi filberts and all -

> I understand that according to U.S. tax law you can write off

> prescriptions as medical expenses but not over-the-counter

> medications. So regular supplements even when prescribed by a doctor

> cannot be written off.

yes they can! I write off all herbs and supplements prescribed by my doc. or

acupuncturist (in CA, they have the same standing as a primary care

physician for a variety of rules)

Judith

But what about supplements that you have to

> have a prescription to get - such as Labs stuff? I asked my

> accountant's assistant and she thinks it applies. We'll meet with

> the accountant later but before I do hours of research to dig out

> last years prescription sups I'm hoping someone will have experience

> with this. I would much appreciate answers form any accountant or

> tax experts out there. Or anyone who's got an answer.

>

> Also what about Isoprinosine? Since it's a prescription I seem like

> it could be written off. Just because it's purchased of the country.

>

> Thank you in advance. :-)

>

> Jo

>

>

>

> This list is intended for patients to share personal experiences with each

other, not to give medical advice. If you are interested in any treatment

discussed here, please consult your doctor.

>

>

[Guest guest]

> Hi,

>

> I understand that according to U.S. tax law you can write off

> prescriptions as medical expenses but not over-the-counter

> medications. So regular supplements even when prescribed by a

doctor

> cannot be written off. But what about supplements that you have to

> have a prescription to get - such as Labs stuff? I asked

my

> accountant's assistant and she thinks it applies. We'll meet with

> the accountant later but before I do hours of research to dig out

> last years prescription sups I'm hoping someone will have

experience

> with this. I would much appreciate answers form any accountant or

> tax experts out there. Or anyone who's got an answer.

>

> Also what about Isoprinosine? Since it's a prescription I seem

like

> it could be written off. Just because it's purchased of the country.

>

> Thank you in advance. :-)

>

> Jo

You do realize that your total medical expenses , out of pocket, not

covered by insurance, have to be more than 7% of your AGI before you

can deduct them. For example, if your adjusted gross income is

$50,000, you would have to have at least

$3,500 in unreimbursed medical expenses. I would read the

regulations, but I would *attempt* to write off everything that is

prescribed by your doc as long as you meet the 7 % threshold.

Mike

[Guest guest]

Hi Judith and all,

You write:

---

yes they can! I write off all herbs and supplements prescribed by my

doc.

---

I understand that anything that is over the counter can't be written

off. Dr. Cheney has me on supplements as well as pharmaceuticals as

part of my treatment program. The cost of sups are not picked up by

insurance so we have quite a supplement bill. Do you (or anyone out

there) know the law designation or how I can get it? What is

required to write off sups. Does the doctor need to write it out on

a piece of paper or something?

We have enough medical bills this year that we will exceed the 7 or

7.5% requirement for medical write off so I am VERY interested in

hearing how this is done.

Thanks in advance for your help! :-)

Jo

>

> hi filberts and all -

>

>

> > I understand that according to U.S. tax law you can write off

> > prescriptions as medical expenses but not over-the-counter

> > medications. So regular supplements even when prescribed by a

doctor

> > cannot be written off.

>

> yes they can! I write off all herbs and supplements prescribed by

my doc. or

> acupuncturist (in CA, they have the same standing as a primary care

> physician for a variety of rules)

>

> Judith

> But what about supplements that you have to

> > have a prescription to get - such as Labs stuff? I asked

my

> > accountant's assistant and she thinks it applies. We'll meet with

> > the accountant later but before I do hours of research to dig out

> > last years prescription sups I'm hoping someone will have

experience

> > with this. I would much appreciate answers form any accountant or

> > tax experts out there. Or anyone who's got an answer.

> >

> > Also what about Isoprinosine? Since it's a prescription I seem

like

> > it could be written off. Just because it's purchased of the

country.

> >

> > Thank you in advance. :-)

> >

> > Jo

> >

> >

> >

> > This list is intended for patients to share personal experiences

with each

> other, not to give medical advice. If you are interested in any

treatment

> discussed here, please consult your doctor.

> >

> >

[Guest guest]

Our CPA has always had us write off any supplements that have been

recommended by a doctor, including a naturopath. We've been audited by the

IRS, and they did not question it. As long as you have some written

statement showing that the doctor recommended the supplement, it can be

written off. I have a naturopath that I work with who writes up a supplement

sheet for me, and I keep it on file to use for taxes.

lindaj@...

Re: Writing off prescription Supplements U.S.

taxes

> Hi Judith and all,

> You write:

> ---

> yes they can! I write off all herbs and supplements prescribed by my

> doc.

> ---

>

> I understand that anything that is over the counter can't be written

> off. Dr. Cheney has me on supplements as well as pharmaceuticals as

> part of my treatment program. The cost of sups are not picked up by

> insurance so we have quite a supplement bill. Do you (or anyone out

> there) know the law designation or how I can get it? What is

> required to write off sups. Does the doctor need to write it out on

> a piece of paper or something?

>

> We have enough medical bills this year that we will exceed the 7 or

> 7.5% requirement for medical write off so I am VERY interested in

> hearing how this is done.

>

> Thanks in advance for your help! :-)

>

> Jo

>

>

>

> >

> > hi filberts and all -

> >

> >

> > > I understand that according to U.S. tax law you can write off

> > > prescriptions as medical expenses but not over-the-counter

> > > medications. So regular supplements even when prescribed by a

> doctor

> > > cannot be written off.

> >

> > yes they can! I write off all herbs and supplements prescribed by

> my doc. or

> > acupuncturist (in CA, they have the same standing as a primary care

> > physician for a variety of rules)

> >

> > Judith

> > But what about supplements that you have to

> > > have a prescription to get - such as Labs stuff? I asked

> my

> > > accountant's assistant and she thinks it applies. We'll meet with

> > > the accountant later but before I do hours of research to dig out

> > > last years prescription sups I'm hoping someone will have

> experience

> > > with this. I would much appreciate answers form any accountant or

> > > tax experts out there. Or anyone who's got an answer.

> > >

> > > Also what about Isoprinosine? Since it's a prescription I seem

> like

> > > it could be written off. Just because it's purchased of the

> country.

> > >

> > > Thank you in advance. :-)

> > >

> > > Jo

> > >

> > >

> > >

> > > This list is intended for patients to share personal experiences

> with each

> > other, not to give medical advice. If you are interested in any

> treatment

> > discussed here, please consult your doctor.

> > >

> > >