Skip to main content
Level 1
January 18, 2025
Question

is a loan for dental implants deductible

  • January 18, 2025
  • 3 replies
  • 48 views
No text available

    3 replies

    Level 15
    January 18, 2025

    A loan?    Did you put the payment for the dental work on a credit card of some kind?   Provide some details.   

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    VolvoGirl
    Level 15
    January 18, 2025

    If you put it on a credit card or took out a loan you can deduct the full amount even though you pay it over time. If you are on a payment plan with the hospital or doctor, etc. then it's only the amount you pay. Either way you only can deduct the principal amount, not any interest.

    DoninGA
    Level 15
    Level 15
    January 18, 2025

    The loan amount for the implants is a valid medical expense for the tax year when the loan was used for the implants.

    Any loan payments in future years will not be deductible as a medical expense since the loan was used initially for payment.