topic Can I write off difference for in-network providers? in Get your taxes done using TurboTax

Can I write off difference for in-network providers?

amanda_dahir — Sat, 01 Jun 2019 00:45:45 GMT

I bill insurance companies my usual rate (i.e. $100) and the in-network provider pays the negotiated rate (i.e. $75). Can I write off the difference on my taxes (e.g. $25)?

The difference is already written off because you report...

rjs — Sat, 01 Jun 2019 00:45:47 GMT

The difference is already written off because you report only $75 of income instead of $100. Therefore you are not paying tax on the $25 that you did not receive. It's already deducted from your taxable income because it was never reported as income. You can't deduct it again.

Unless you first reported the full amount billed as incom...

VolvoGirl — Sat, 01 Jun 2019 00:45:48 GMT

Unless you first reported the full amount billed as income on schedule C line 1.