Weight Loss Tax Deduction
According to KPHO Phoenix News, the IRS now considers obesity a disease, so there is a weight loss tax deduction. If you had to lose weight according to a recommendation from your doctor, you might be able to deduct the costs associated with losing weight on this year’s tax return. The deductible costs are doctor’s visits, weight loss program costs, membership fees, therapy - everything but food.
Not only those who are extremely obese qualify. If your doctor recommended dropping pounds to reduce high blood pressure or for other health reasons, you might be eligible too.
You would need all the receipts and doctor’s documentation in order to take the deduction.
Not everyone can deduct medical expenses from their taxes - it all depends on your particular type of tax return. You’ll need to check with your accountant. But don’t forget to mention the weight loss deduction to your accountant so he or she can check if you are eligible.
Best regards,
Melanie Mendelson
Lose Weight Fast
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