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J
Jhy
January 31, 2025
Question

Is Canada drugs not deductible anymore?

  • January 31, 2025
  • 1 reply
  • 0 views
Do I post form 5498

    1 reply

    T
    ThomasM125
    January 31, 2025

    Canadian prescription medication would be deductible if it was imported legally or if it was legal and consumed in Canada.

    This is an excerpt from IRS Publication 502:

     

    Form 5498 has to do with IRA contributions, so that doesn't relate to your question.

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