I've been paying out of pocket for high deductible medical expenses. Can i claim them (braces, physical therapy, prescriptions, dermatology, dr visits?) Can i claim the out of pocket expense for medical weightloss clinic where i see a physician assistant and am prescribed weightloss meds?
If I don't have each individual reciept, can i use copies of my bank statement as proof of the out of pocket cost for prescriptions, etc.?
My job offers discounted tuition. Once i surpass $5280 per academic year, they will begin charging me taxes on the credit hours I enroll in. They mentioned that it will look like I received a $3000 bonus on my taxes. And the university will be taking a percentage of my check to cover taxes, i think. Will this cause me to owe on my taxes? Will it drastically lower my income tax return?
Fyi, last year my annual income was about 35,000 and I have 4 dependents. I am also head of household.
Thank you so much for your time and i appreciate any advice i can get on this!
