- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Medical expenses can be deducted when they are paid. The IRS has stated that you can deduct medical expenses with the proceeds of the loan in the year that you use the loan proceeds to pay for the expenses.
There is no additional medical deduction when you pay the money back.
There is no additional medical deduction when you pay the money back.
‎June 1, 2019
12:34 AM