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Can I deduct non-invasive liposuction if I had it to help reduce cholesterol and A1C with diabetes?

Forum|Forum|3 years ago
January 19, 2023
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TurboTax Deluxe Online

Best answer by Mike9241

Face-lifts, liposuction, electrolysis and other procedures done to enhance your appearance are not deductible medical expenses. But if your doctor says you need it to treat a medical issue, it becomes a deductible medical expense. The IRS says you can deduct the cost of plastic surgery if it is necessary to improve or correct a deformity resulting from a congenital abnormality, an injury incurred in an accident, trauma or a disfiguring disease.

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Mike9241Answer

Face-lifts, liposuction, electrolysis and other procedures done to enhance your appearance are not deductible medical expenses. But if your doctor says you need it to treat a medical issue, it becomes a deductible medical expense. The IRS says you can deduct the cost of plastic surgery if it is necessary to improve or correct a deformity resulting from a congenital abnormality, an injury incurred in an accident, trauma or a disfiguring disease.

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xmasbaby0

Employee

MEDICAL EXPENSES

The medical expense deduction has to meet a rather large threshold before it can affect your return. The amount of medical (including dental, vision, etc.) expenses that will count toward itemization is the amount that is OVER 7.5% of your adjusted gross income. You should only enter the amount that you paid in 2022—do not include any amounts that were covered by insurance or that are still outstanding. Of course, your medical expenses plus your other itemized deductions still have to exceed your standard deduction before you will see a difference in your tax due or refund.

To enter your medical expenses go to Federal>Deductions and Credits>Medical>Medical Expenses

2022 STANDARD DEDUCTION AMOUNTS

SINGLE $12,950 (65 or older + $1750)

MARRIED FILING SEPARATELY $12,950 (65 or older + $1750)

MARRIED FILING JOINTLY $25,900 (65 or older + $1400 per spouse)

HEAD OF HOUSEHOLD $19,400 (65 or older +$1750)

Legally Blind + $1750

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**