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Old 03-05-2007, 03:12 AM
ALawPoker ALawPoker is offline
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Join Date: Jul 2005
Location: Rochester, NY
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Default Re: Tax write-off question

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Ask him if they can be considered a medical expense (since they are prescription). I doubt it can be done that way either, but it never hurts to ask.

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Nah. I can write off my medical insurance plan, but not medical expenses that the plan doesn't cover. I guess the logic is that I (as an employer of myself) am giving myself the coverage. (If you work for a company, you don't have to include the value of the plan they give you as "income," but the company will write it off as an expense.) But, outside expenses would be things that I, as the employee, am paying for (not any different than a 9 to 5er who has to dig into his wallet for a medical cost that his plan doesn't cover).

I guess if I staged a meeting with myself in my home office that doesn't actually exist and asked me to cover my additional medical expense because it benefits my work, then it might be legit. [img]/images/graemlins/tongue.gif[/img]
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