Add to GuideAsk a Question

Tracking Medical Expenses

Category Tax Tips
Tracking your medical expenses is part of preparing for tax season. This is a guide about tracking medical expenses.


Share on ThriftyFunThis guide contains the following solutions. Have something to add? Please share your solution!

January 11, 20080 found this helpful

I keep a running record of medical expenses by family member throughout the year. I start l/l and end 12/31. At the same time, I tally each cost on a cumulative basis. At the end of the year, I have it. Total medical costs for income tax preparation. Easy... and it works

By Sheila from Boynton Beach, FL

Comment Was this helpful? Yes


January 11, 20080 found this helpful

Hi, At the end of the year, I contact my Pharmacy and they give me a printout of the entire family's account with yearly totals and dates. I turn it over to my accountant and it's directly from the pharmacy so, no need for the IRS to question it.

Reply Was this helpful? Yes
January 12, 20080 found this helpful

That is an ingenious idea - one I wish I had thought of on 1/1/07! Thanks for sharing, and God bless you.

Reply Was this helpful? Yes
January 12, 20080 found this helpful

I do both and include my travel expenses to & from the doctor, medical facility, pharmacy, etc. And don't forget any costs incurred for obtaining copies of medical records, x-rays & other tests.

Reply Was this helpful? Yes
By haftarun (Guest Post)
January 17, 20080 found this helpful

Many pharmacies can provide customers with an itemized list of prescription drugs at year end. The list may include drug name, total cost, amount paid by insurance and amount paid by customer.

Reply Was this helpful? Yes
Read More Comments
Related Content
Budget & Finance Tax TipsJanuary 26, 2013
Pest Control
Father's Day Ideas!
Mother's Day Ideas!
Ask a Question
Share a Post
Better LivingBudget & FinanceBusiness and LegalComputersConsumer AdviceCraftsEducationEntertainmentFood and RecipesHealth & BeautyHolidays and PartiesHome and GardenMake Your OwnOrganizingParentingPetsPhotosTravel and RecreationWeddings
Published by ThriftyFun.

Desktop Page | View Mobile

Disclaimer | Privacy Policy | Contact Us

© 1997-2019 by Cumuli, Inc. All Rights Reserved.

Generated 2019/04/24 14:49:52 in 2 secs. ⛅️️ ⚡️
Loading Something Awesome!