Recent content by d_law

What is the name of your state?NY Hi I had medical expenses totalling around 6k not covered by the insurance. Is this money tax deductable?

abezon I was reading your posts again , Got a question about the following option u told me " If you'll know by August whether you'll need the procedure, you can either pre-pay part of it or stop paying into your flex account in August & just spend the accumulated money over the rest of the...

abezon and Sam111 Thanks for your inputs. We got a mail from our HR last week saying that if the expenses are more than 7.5% of your gross income, we can apply for tax exemption. abezon. The confusion I have is about when the procedure will happen. If everthing works out well , we dont have to...

Sam111 Thanks for helping me out here , how do we calculate the gross income? My company is providing Flexible spending account to accomodate this kind of things , but if I dont use it I will loose all the money. In my case I will not be sure If have to do this the next yr

Thanks so if my salary is more around 70k , i cannot use this Is that right??

Thanks for the answer 7.5% of gross income on medical bills or for doing itemized deduction?

What is the name of your state?NY Hi Can we apply tax deductions on medicall expenses that is not covered by the insurance . I might have to spend around $5000 out of my pocket for some medical procedure. Please advise if anyone knows abt this Thanks