Can you deduct cosmetic surgery costs on income tax?
I һаԁ mу sinuses cleaned out аחԁ һаԁ tһе surgeon аƖѕο perform ѕοmе cosmetic surgery οח mу nose аt tһе same time. I wаѕ tοƖԁ ѕοmе οf іt wουƖԁ bе billed tο insurance bυt wasn’t coverable bесаυѕе οf tһе cosmetic surgery done. Cаח tһе costs bе deducted аѕ medical expenses οח income tax?
No, because it is an elected proceedure.
Yes.
if you meet the deduction requirements (7%? of income), any and all medical procedures are deductable.
Cosmetic surgery isn’t deductible. If the insurance wouldn’t cover it, neither will the IRS.
Only the sinus portion (be sure to be accurate). NOT all medical procedures are deductible!
Cosmetic/reconstructive surgery can be deducted in limited cases. In your situation, the costs to correct a defect to allow you to breathe properly would be deductable. However, the portion of the surgery to improve the appearance of the nose would not be deductable.
No, it’s cosmetic – not medical
If the medically necessary part of the procedure can be split out from the cosmetic part (ask your doc if he can do this) then the medically necessary part could be deducted if you meet the other rules to deduct medical expenses (you itemize, and deduct only the portion that’s over 7.5% of your income).
Cosmetic surgery is not deductible on your tax return.