Can You Write Off Medical Expenses?

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ABOUT JASMINE DILUCCI, JD, CPA, EA

Jasmine DiLucci has specialized in tax since high school when she first became licensed to represent taxpayers before the IRS.

Now as a tax attorney and CPA, she works with individuals and business owners across the nation to on Tax Planning, CFO Advisory, and IRS Tax Resolution

How Jasmine Got Here…

18: Became an Enrolled Agent, licensed to represent taxpayers before the IRS.
22: Earned an Accounting Degree and a Master’s in Finance.
23: Became a CPA
24: Stepped into leadership as she took over her own CPA firm
26-28: Juggled full-time studies at SMU Law while she was growing her CPA firm.
28: Graduated from law school 4th in her class and became an Attorney, all while managing her CPA firm.
29-31: Expanded her CPA firm to seven figures, with a focus on delivering top-notch service and exceptional value to every client.
32: Launched Tax Leverage to offer free online education and combat the rise of “tax gurus,” aiming to provide real, accessible tax knowledge.
Today: She’s dedicated to running her firm and leveraging her expertise to educate and empower others, helping individuals and businesses navigate the complexities of taxes and finance.

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Disclaimer: This information on this channel is for educational purposes only and does not constitute professional legal or tax advice.

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Jasmine DiLucci, JD, CPA, EA

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It sounds to me more like theyre saying with a prescription you can use HSA/FSA/HRA funds for those things.

idbuythatfora

It sounds to me like they may be talking about HSA or FSA which is pre-tax dollars and as such doesn't have the 7.5% or 10% threshold.

But it is not that easy to get a doctor to write a letter claiming it is medically necessary. They could be putting themselves and their license on the line if the IRS and other medical agencies were to find they are writing these letters to everyone and anyone regardless of medical necessity.

Note, this is one of those things that if you have a true medical need and can get a doctor to give you that letter, more power to you!

GAFB

Not tax advice, but if my doctor can write a prescription for it, I ask them to do it, specifically for OTC drugs. It just saves a ton of money. Those same OTC drugs you're paying $10-$50 for you can get for 50 cents to $2 by getting a prescription.

joeshobbies

I love how the comments are more educated in this regards. However, I think these would already be covered by HSA even when not written by a script. Example: sunscreen is covered without a rx.

Guess we all should be using HSA for groceries. Yes, eating food is medically necessary.

PeteCorp

For people wondering about FSA/HSA/HRA - no. Food, is not generally eligible for tax free disbursements under those programs. There are limited exceptions, such as when a doctor orders a patient onto a more expensive diet as part of a treatment plan. In which case, the difference in cost between the medically necessary diet and the ordinary diet is eligible for FSA/HSA/HRA Reimbursement.

ImperatorSupreme

I've had doctors write a prescription for over the counter drugs that I needed but it wasn't for tax reasons, it was for insurance reasons. Since I had a prescription, I could have insurance cover them/use my HSA to pay for them.

ThesBro

Would purchasing say $50, 000 of exercise/gym equipment count? Or no because you could just get a gym membership for cheeper, therefore a Bowflex is not medically necessary??

sean.

Yes they’re talking about HSA/FSA dollars (pretax). They’re also talking about using it for food and gym expenses. With a doctor’s note, you could see how it should be deemed medically necessary. Or how about getting rid of income tax altogether? 🙃

somecallmetim

sounds like HSA - tax advantaged dollars. Ever had to use a physical therapist for months on end ? Really useful to know the amount above the threshold otherwise as well.

lylestavast

I have heard gluten free products were deductable for my husband's Celiac but it is hard to keep records since I buy them along with the rest of our groceries and receipt doesn't always list gluten free. They are medically necessary and more expensive than regular food but I doubt we spend more than 10%.

kathleenkirchoff

I'm so.glad i found you. I'm learning more all the time through your lessons..thank you.
Quick q.. $3500 car repair used for business. $500 out of pocket expense the rest covered by iinsurance. Is the entire repair cost deductible or just the out of pocket

markstoll

Smart and beautiful!!! I love this woman!

TheTinminator

I’m a CPA as well and I assume they were referring to using HSA/FSA funds for this not on the personal tax return. I suffered from a major accident and part of my therapy included some regular physical therapy, since I couldn’t do more physical therapy in office my doctor prescribed me the instruments i needed at home to continue my care my FSA plan paid for everything needed. Stationary bike, bands and some weights.

Lifeafter