Medical Insurance » United States http://falcate.com Falcate.com Fri, 23 Jul 2010 08:18:35 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 Can I deduct medical insurance premium in tax return? http://falcate.com/blog/can-i-deduct-medical-insurance-premium-in-tax-return/ http://falcate.com/blog/can-i-deduct-medical-insurance-premium-in-tax-return/#comments Thu, 06 May 2010 07:51:08 +0000 admin http://falcate.com/blog/can-i-deduct-medical-insurance-premium-in-tax-return/ medical insurance
Anwar H asked:

I am W2 employee and want to avail COBRA option from my previous employer. If I pay my insurance with after tax dollers, can I show tham as medical expense and deduct them while filing a tax.
I cannnot file my tax as itemize.

]]> http://falcate.com/blog/can-i-deduct-medical-insurance-premium-in-tax-return/feed/ 4 How I can defer my medical expenses to a year with more income? http://falcate.com/blog/how-i-can-defer-my-medical-expenses-to-a-year-with-more-income/ http://falcate.com/blog/how-i-can-defer-my-medical-expenses-to-a-year-with-more-income/#comments Sat, 03 Oct 2009 08:30:23 +0000 admin http://falcate.com/blog/how-i-can-defer-my-medical-expenses-to-a-year-with-more-income/ medical
tre1160 asked:

Is there anything I can do? It doesn’t seem to make sense that medical expenses can’t be used to offset income in later years. People with the highest expenses are those who probably have the least income because they couldn’t work. Yet because medical expenses can’t be deferred the deductions go to waster. Any help would be appreciated.

Thanks.
The govt let us defer capital losses but not medical expenses. Total BS! Thanks for your help.

]]> http://falcate.com/blog/how-i-can-defer-my-medical-expenses-to-a-year-with-more-income/feed/ 4 What sorts of medical expenses are tax deductible? Are therapy, prescriptions and dental deductible? http://falcate.com/blog/what-sorts-of-medical-expenses-are-tax-deductible-are-therapy-prescriptions-and-dental-deductible/ http://falcate.com/blog/what-sorts-of-medical-expenses-are-tax-deductible-are-therapy-prescriptions-and-dental-deductible/#comments Wed, 26 Aug 2009 16:15:52 +0000 admin http://falcate.com/blog/what-sorts-of-medical-expenses-are-tax-deductible-are-therapy-prescriptions-and-dental-deductible/ medical
Joe W asked:

I recently changed jobs and it is a smaller company. I am paying more and more medical expenses out of pocket and I need to know how I can claim them as deductions.

]]> http://falcate.com/blog/what-sorts-of-medical-expenses-are-tax-deductible-are-therapy-prescriptions-and-dental-deductible/feed/ 3 Can you deduct medical expenses if you received a settlement from a third party insurance claim? http://falcate.com/blog/can-you-deduct-medical-expenses-if-you-received-a-settlement-from-a-third-party-insurance-claim/ http://falcate.com/blog/can-you-deduct-medical-expenses-if-you-received-a-settlement-from-a-third-party-insurance-claim/#comments Thu, 26 Feb 2009 18:56:41 +0000 admin http://falcate.com/blog/can-you-deduct-medical-expenses-if-you-received-a-settlement-from-a-third-party-insurance-claim/ medical
liza y asked:

I had an accident with a table saw resulting in the amputation of several fingers. I did not have health insurance at the time. I sued the owner of the table saw and received a settlement through their homeowner’s insurance. Are the medical expenses deductible?

]]> http://falcate.com/blog/can-you-deduct-medical-expenses-if-you-received-a-settlement-from-a-third-party-insurance-claim/feed/ 2 What Medical Expenses are subject to the Alternative Minimum Tax? http://falcate.com/blog/what-medical-expenses-are-subject-to-the-alternative-minimum-tax/ http://falcate.com/blog/what-medical-expenses-are-subject-to-the-alternative-minimum-tax/#comments Sun, 16 Nov 2008 19:39:12 +0000 admin http://falcate.com/2008/11/16/what-medical-expenses-are-subject-to-the-alternative-minimum-tax/ medical
Astr asked:

The Alternative Minimum Tax may affect many people because of deductions they claimed for medical expenses (in addition to other things). I’m wondering what “medical expenses” means. Is there a even a single definition or does the criteria differ from household to household?

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