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Yes, you can deduct the cost of medical procedures done in another country as long as it is a legal operation and not “unnecessary cosmetic surgery”. This is the same requirement for procedures done in the US. IRS Publication 502 will give you more information and an extensive list of covered medical expenses.
The Internal
Revenue Service has no official exchange rate. The IRS will normally accept any
posted exchange rate that is used consistently. You can translate the foreign
currency to U.S. dollars using the yearly average currency exchange rate for the
tax year. In general, use the exchange rate prevailing (i.e., the spot
rate) when you receive, pay or accrue the item. This website may be helpful: https://finance.yahoo.com/currency-converter/
What form do I need to fill out for this and do I need to have a receipt for this?
Medical expenses are reported on Schedule A, and are deductible only if you are itemizing your deductions. It's always good to keep the receipts with your copy of the tax return, but you don't have to submit them to the IRS.
Please keep in mind the following about deducting your medical expenses:
To enter your medical expenses in TurboTax, please follow these steps:
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