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I received a 1099-MISC from my insurance company for reimbursement when I was in the hospital in Florida for being out of the 50 miles radius. I added this to my income. When doing my medical expense I added the amount I paid out of pocket, when I got to the end for medical expense, it asked if I received reimbursement and the amount paid, this sent my expense to 0.00. Do I place the amount paid by my insurance company for reimbursement in both places? or just in the income section for Miscellaneous income?
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You must reduce your total medical expenses for the year by all reimbursements for medical expenses that you receive from insurance or other sources during the year. This includes payments from Medicare.
Even if a policy provides reimbursement for only certain specific medical expenses, you must use amounts you receive from
that policy to reduce your total medical expenses, including those it doesn't reimburse.
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Don't enter the 1099-MISC as a form of "income".
Tom Young
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