Damage to your car is not tax deductible.
Amounts that you pay out of pocket for medical expenses are tax deductible. The expense is only deductible in the year you actually pay the provider, regardless of when you prefer to deduct it. For example, if you have an arrangement to pay the provider overtime, you can only deduct in 2022 the amount you actually paid in 2022. However, if you paid the provider in full using a credit card and or paying the credit card off overtime, you can deduct the entire amount in 2022 since the provider was paid in full.
Also note that if you deduct your medical expenses and are then reimbursed, the reimbursement will be taxable to the extent that it is a reimbursement of a previous tax deduction. This is because you can’t claim a tax free reimbursement for some thing that was a tax deduction. This will follow the tax benefit rule. For example. Suppose your taxable income is $100,000. Because of the 7.5% rule, if you list $9000 of medical expenses, you will only get a tax deduction of $1500. If you are later reimbursed by insurance, the full $9000, $1500 of that reimbursement will be taxable in the year the reimbursement occurs.
