did you know you can claim medical expenses for ivf-infertility treatment on your taxes ? i had no idea. anyone know how much you get back for this? once again, i feel like there is a lot i don't know.
thanks for the knowledge!!!
Results 1 to 10 of 11
05-06-2005, 11:01 AM #1
ivf tax deduction
05-06-2005, 11:05 AM #2noelsgirlRegistered Userhas no status.
I believe you can take a percentage of your out of pocket medical expenses, as long as their over a certain amount. I took last year off from IF, but in 2003, DH and I spent close to $12,000 on IUI and we were able to get a refund that year. Are their any accountants out there that can help answer this question??
05-06-2005, 03:24 PM #3
You can claim anything over 7.5% of your adjusted gross income. usually it is really hard to meet this threshold for normal people but we all know that this whole process is very expensive so the treshold isn't really all that high relatively speaking.
just keep in mind, you need to itemize your deductions and the total has to be higher than the standard deduction for this to work.
07-10-2009, 10:19 AM #4TTCyearsRegistered Userhas no status.
Thank you. Question: How does FSA and 1040 work together? For example, if next year I use up the FSA for $5,000 (e.g. IVF#1 works with last of my coverage), but the total expense is $25,000 (FET#2 works or we cease treatment)? Yes, our AGI is under $100K.
07-10-2009, 09:40 PM #5TTCyearsRegistered Userhas no status.
Cool. Thank you! I forgot about the lowered AGI.
I'm just freaked by the FSA "use it or lose it". If the cycle was cancelled and extenuating circumstances kept us from another, I suppose we could always load up on 7,000 boxes of bandaids - or weekly chiropractic appts, more RPL counseling, do you think they'd notice if I submitted my cat's medication cost? (rhetorical question)
07-31-2009, 07:13 PM #6holliday5Registered Userhas no status.
But can my DH use his FSA dollars for my infertility treatments? We are each on our own insurance at our own companies.
08-03-2009, 05:06 PM #7
paper on IVF and taxes
This article might help you. It is written by a tax professor about fertility treatments and taxes
(it can be downloaded for free)
This article talks about loans for fertility treatments if that is also of interest:
08-12-2009, 09:56 PM #8moonchild508Registered Userhas no status.
08-13-2009, 10:57 AM #9cvpis4meRegistered Userhas no status.
I haven't considered using my FSA at work. I have questions though. 1) Do I have to use their medical insurance? My husband is in the military so we currently use that. I don't pay for medical. 2) Can I put a lump sum into my FSA account or does it have to come out of my paycheck?Christa (28) DH (27)
Married October 2007
Diagnosis: PCOS and low sperm count
2003: M/C at 6 wks (previous marriage)
IUI #1 May '09 @ Madigan, 150mg Clomid--BFN
IUI June '09, Clomid and Follistim--cancelled
IUI #2 Sept '09--BFN
Nov '09, Clomid and TI--BFN
IVF #1- January 2010 (Womack); 20 retrieved, 16 mature
08-13-2009, 06:56 PM #10moonchild508Registered Userhas no status.
By Emily'sMom in forum Donor Issues (Egg & Sperm)Replies: 11Last Post: 02-01-2010, 12:29 PM
By raytw in forum IVF & High TechReplies: 6Last Post: 11-18-2009, 07:57 AM
By raytw in forum Frozen Embryo Transfers (FET)Replies: 9Last Post: 05-09-2005, 03:26 PM
DISCLAIMER: Fertile Thoughts allows advertisers to publish information about their services. Fertile Thoughts does not provide medical advice or endorse any particular service or approach to treating infertility. We encourage people to learn as much as possible about the range of options available before committing to any one. We also encourage users to share their thoughts on all fertility options on our forums.