The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Documenting Medical Expenses Date:  6/19/2012  10:58 AM
Author:  toberead Number:  116292 of 123001

I recently found out that I'm going to have some significant medical expenses this year. I have insurance but between the amounts that insurance doesn't cover, the insurance cost and my out of pocket expenses, I may qualify for the medical deduction. I'll have to wait until the end of the year to see if I can get over the 7.5% threshold.

My question is how to document my expenses to make sure everything is covered. I've read through Publication 502 and I think I know what's covered, but I'm not sure about documenting everything. (My taxes are very simple