tax deduction?

[Toni]

OK ladies, another question:  Is gender dysphoria still classed as a medical condition, or disease?  If so would expenses, including srs, be tax deductible using the standard "in excess of 10% (IIRC) of adjusted gross income" if your therapist says that such treatment is required to treat the condition?  Anyone have any first hand knowledge regarding this?  I'm a little sheepish about asking my tax advisor on this one, but if all else fails, what the hell, I own this anyway and I'll just have to ask and let the chips fall where they may.  Thanks, Toni

[Devlyn ✅]

Medical expenses are medical expenses. Your tax guy just wants a number. I'll be taking the dedictions this year, we can compare notes next spring.

Hugs, Devlyn

[Toni]

Hi Devlyn, how you doing, Hon?  Thanks for the reply, just sent money overseas to lock in for Feb. srs but I'm trying to guess ahead regarding income and deductions for this year (I can influence both to some degree) and If I can work this the huge expense of transition may be tamed a bit. Take care, Toni

[Jessica Lynne]

Well....as they say, you gotta have write on's to get write off's, but last time I checked,  W.H.O says we're Bat S*&T Crazy, at least they did 6 months ago, so there's that, if it helps 😉

[Toni]

Hi Jess, LOL.  Well, we have to use what we can, don't we.  Toni

[Rayna]

dedictions

Lol, maybe we should add that to the glossary.

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[Dani]

I have been paying taxes in the US for over 50 years. From my experience, any medical deductions must be for any necessary medical costs. Elective costs are not deductible. If your therapist writes a letter saying that SRS is necessary, then the IRS cannot dispute that. However the grey area are procedures such as FFS and BA. Many of us feel that these are gender confirming, but are they really necessary? Call the IRS to get their opinion.

In my situation, I am going to deduct all medical procedures related to my transition. I have the documentation proving my deductions, so any interpretation of the rules is really determined by the IRS tax examiners and auditors. I have had concerns with the IRS before about other issues. The tax examiner will first question any deductions that are unusually large. They will send you a letter with their concerns. You must reply in a timely manner with your specific documentation and reasons for claiming the deduction. Any disputes are then adjudicated by the auditor who are much more experienced than the examiner. The auditors are really quite fair in their judgments.

If you still disagree there is always tax court, but that gets expensive and you risk getting some extra fines, court costs and jail time. Al Capone had a bad experience with that. The current President of the Unite States has several years tax returns under audit which he refuses to release to the public.

Just saying...

claiming a tax deduction for a dediction should be no problem.

[Devlyn ✅]

dedictions

Lol, maybe we should add that to the glossary.

Sent from my Victor 9000 using Tapatalk

  Nice catch and good suggestion!

Hugs, Devlyn

[Harley Quinn]

I have written mine off for the past 2 years... every penny. As Devlyn stated, medical expenses are medical expenses.

[Dani]

The IRS usually closely examines tax returns from high income people and people who itemize their deductions. There is an area to mention any previous names. Make sure you have legal documentation for your name change and your therapists letter available if you get audited.

[tgchar21]

The IRS usually closely examines tax returns from high income people and people who itemize their deductions. There is an area to mention any previous names. Make sure you have legal documentation for your name change and your therapists letter available if you get audited.

I've never seen the tax form ask for previous names (other than when informing the IRS of the name change). If they already know of your name change it's not something that you have to mention every year.

[Dena]

The IRS usually closely examines tax returns from high income people and people who itemize their deductions. There is an area to mention any previous names. Make sure you have legal documentation for your name change and your therapists letter available if you get audited.

Make sure you have every receipt, bill and check for any expense you claim on your taxes. If you can burry them in paperwork, they will not be able to reject an expenditure. When they ran an audit on me, I had every check and made a copy of them for the audit. I also made a summary sheet listing each expenditure with a check number, date and totals for each activity. The IRS sent me back the check copies but keep the summary sheet for their records. I guess they couldn't find anything wrong with my record keeping as that was the last audit they did on me.