- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
So it would need exceed about 7.5% of her AGI, so for her I estimate its expenses that exceed approx $8,250 are deductible. The cost of egg donor alone exceed this by $15K, then additional medical expenses associated with the IVF and testing (~$5K) not covered by insurance brings it closer to $20K. Sounds like we will be well beyond the $13,950 standard deduction and should be good to go. This is costing us a small fortune, trying to ensure we are taking whatever benefits we can.
‎August 30, 2023
1:13 PM