Deduct medical travel expenses on Form 1040 Schedule A.
If you need to travel out of the country for a medical procedure, to another state for a research study or to a conference on a condition you or a family may have, deducting medical travel expenses is one way to ease the financial burden of these extra medical costs. Medical insurance does not cover most medical travel, but the Internal Revenue Service (IRS) does allow you to deduct medical travel expenses within certain limits.
Instructions
1. Create a spreadsheet that documents every trip you took for medical purposes. Make sure you note the days that were part of the medical travel.
2. Gather receipts and enter medical travel-related costs into your spreadsheet.
3. Compute any travel miles. If you drove, calculate the total number of miles driven.
4. Multiply the mileage you drive by 23 cents to determine the amount of mileage dollars you may deduct.
5. Total your receipts and mileage dollars. Ensure the number equals or exceeds 7.5 percent of your income.
6. Calculate the difference between itemizing on your taxes and taking the standard deduction. If you pay fewer dollars by taking the standardized deduction, do not itemize.
7. Include all tallied medical travel expenses on Schedule A on your taxes.
Tags: medical travel, medical travel expenses, travel expenses, medical travel, mileage dollars, your taxes