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Are doctor prescribed allergy drops (immunotherapy, alternative to allergy shots) a deductible medical expense?
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posted
June 6, 2019
10:04 AM
last updated
June 06, 2019
10:04 AM
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Are doctor prescribed allergy drops (immunotherapy, alternative to allergy shots) a deductible medical expense?
Yes. They would fall under prescriptions. The amount not covered by insurance would be considered deductible.
Please keep in mind the following about deducting your medical expenses:
- You don't get the benefit if you are taking the standard deduction.
- If you itemize deductions, you will only be able to take total medical expenses that are greater than:
- 10% of your adjusted gross income if you are under age 65; or
- 7.5% of your adjusted gross income if you are age 65 or over (born before January 2, 1951).
June 6, 2019
10:04 AM
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Are doctor prescribed allergy drops (immunotherapy, alternative to allergy shots) a deductible medical expense?
Yes. They would fall under prescriptions. The amount not covered by insurance would be considered deductible.
Please keep in mind the following about deducting your medical expenses:
- You don't get the benefit if you are taking the standard deduction.
- If you itemize deductions, you will only be able to take total medical expenses that are greater than:
- 10% of your adjusted gross income if you are under age 65; or
- 7.5% of your adjusted gross income if you are age 65 or over (born before January 2, 1951).
June 6, 2019
10:04 AM
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