I took out a loan to pay IVF fertility treatments. I am currently making payments to USAA. Do I claim full payment made to the dr via check, or just what I paid to USAA?

Forum|Forum|7 years ago
June 4, 2019
1 reply
13 views

I'm making payments to pay off the loan, but the loan was deposited to my bank account and I paid the docs office by a personal check. So do I only count what I've actually paid for or for the full amount of the loan, as I did pay the doctors office that amount.

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KittyM

Level 10

You may deduct the amount you paid to your physician. The loan payments are not relevant for the medical expense deduction.

Good luck with your treatments!

jahayra-baconAuthor

Level 2

Thank you. Another question...I'm enrolled in a shared risk program so if my treatments are unsuccessful, the doc will refund the total that I got the loan out for. With that being said, should I only claim what I've paid towards the loan or still for the full amount? If I only claim what I've paid so far....can I claim the remainder of the payments I paid on next years taxes? I don't know which would be the smarter move. I don't want to claim and then get refunded and be responsible to pay a bunch of money on taxes next year.