Items filtered by date: Friday, 22 February 2019

It’s tax season and most of us are hoping to shave a few bucks off our tax bill. Well, many are not aware of the deductions that are available when it comes to medical expenses.

If you spent over 7.5% of your adjusted gross income on unreimbursed medical expenses during 2018, you may be able to deduct what you spent over this 7.5%, according to the IRS.

So, for example, if you make $100,000 a year, 7.5% would equal $7,500.  So let's say you spent $10,000 on medical expenses, subtract the 7.5 % ($7,500) from $10,000, and the remaining $2,500 is tax-deductible.

But the expenses made can also include those of your spouse, children and dependents. Combined, these could qualify you for descent deductions.

Publication 502 breaks down what services or items you purchased in 2018 that are tax-deductible and which are not.  Here’s a brief summary:

Tax Deductible Items:

  • Abortion (legal)
  • Acupuncture
  • Alcohol and Drug Treatment
  • Ambulance Service
  • Annual physicals
  • Artificial Limbs
  • Artificial Teeth/Dentures
  • Bandages – so supplies for wounds, burns, nose bleeds  
  • Birth Control Pills
  • Home Improvements
    • under the “Capital Expenses” section, the IRS states the following:
    • You can include in medical expenses amounts you pay for special equipment installed in a home, or for improvements, if their main purpose is medical care for you, your spouse, or your dependent. The cost of permanent improvements that increase the value of your property may be partly included as a medical expense. The cost of the improvement is reduced by the increase in the value of your property. The difference is a medical expense. If the value of your property isn’t increased by the improvement, the entire cost is included as a medical expense.

    • Certain improvements made to accommodate a home to your disabled condition, or that of your spouse or your dependents who live with you, don’t usually increase the value of the home and the cost can be included in full as medical expenses. These improvements include, but aren’t limited to, the following items.

      • Constructing entrance or exit ramps for your home.

      • Widening doorways at entrances or exits to your home.

      • Widening or otherwise modifying hallways and interior doorways.

      • Installing railings, support bars, or other modifications to bathrooms.

      • Lowering or modifying kitchen cabinets and equipment.

      • Moving or modifying electrical outlets and fixtures.

      • Installing porch lifts and other forms of lifts (but elevators generally add value to the house).

      • Modifying fire alarms, smoke detectors, and other warning systems.

      • Modifying stairways.

      • Adding handrails or grab bars anywhere (whether or not in bathrooms).

      • Modifying hardware on doors.

      • Modifying areas in front of entrance and exit doorways.

      • Grading the ground to provide access to the residence.

  • Transportation (Uber, Taxi, Bus ride to medical office/lab/hospital)
  • Mileage (18 cents a mile for trips to medical office/lab/hospital)
  • Breast feeding/pump supplies
  • Medications that were prescribed by a provider
  • Hearing Aids
  • Insurance Premiums
  • Oxygen
  • Contact lens/glasses
  • Crutches
  • Service animal – and most of their expenses
  • Lodging and Meals when going to out-of-town medical facilities
  • Nursing home
  • Nursing expenses
  • Pregnancy tests
  • Wigs
  • Wheelchairs
  • Vasectomies
  • and the list goes on

Unfortunately the following cannot be written off:

  • Gym memberships
  • Cosmetic surgery (unless for reconstruction after cancer or trauma/disfigurement)
  • Dance lessons – despite using it for weight loss
  • Funeral expenses
  • Maternity clothes
  • Insurance premiums that were covered by the employer
  • Over the counter medications and supplements
  • Teeth whitening

So review the list and see what you can apply to your 2018 itemized deduction worksheet.  But make sure you have your receipts and logging of car mileage…. and start keeping track this year as well!

 

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Daliah Wachs is a guest contributor to GCN news, her views and opinions, medical or otherwise, if expressed, are her own. Doctor Wachs is an MD,  FAAFP and a Board Certified Family Physician.  The Dr. Daliah Show , is nationally syndicated M-F from 11:00 am - 2:00 pm and Saturday from Noon-1:00 pm (all central times) at GCN.

Published in Health

Americans have been so “Hollywoodized” that they think that the devil is going to come to them with a rack of horns on his head and a pitchfork in hand to steal, kill and destroy (John 10:10). Scripture teaches us the opposite.

Those that were approved of the Lord, those who were warning the people to flee from the wrath to come, and those who were proclaiming God’s truth were carpenters, fisherman, tax collectors, foolish (1 Corinthians 1:27), and unlearned men (Acts 4:13), weak, as well as men dressed in the attire of camel’s hair, leather belts, eating locusts and wild honey (Matthew 3:7).

In contrast, those that were highly esteemed (Luke 16:15) and approved of among men (Are you listening, America?), Jesus was damning

“Woe unto you, scribes and Pharisees, hypocrites! for ye are like unto whited sepulchres, which indeed appear beautiful outward, but are within full of dead men’s bones, and of all uncleanness.” -Matthew 23:27

“Woe unto you, lawyers! for ye have taken away the key of knowledge: ye entered not in yourselves, and them that were entering in ye hindered.” -Luke 11:52

And I ask, how many in the American Church and American politics fit the physical and mental characteristics of those whom God was damning?

Yet, Jesus charged them saying, “Take heed, beware of the leaven of the Pharisees, and of the leaven of Herod” (Mark 8:15).

Jesus also said, “Verily I say unto you, that the publicans and the harlots go into the kingdom of God before you” (Matthew 21:31).

And as I was writing out this Holy Ghost download (Matthew 16:18; Acts 2:36) that I was receiving, I immediately began to realize that this is happening because people that profess to be Christians do not even know the Scriptures (John 7:17), which, in fact, is a lack of Christianity (1 John 2:4). They think that because someone claims to be a Christian, then it must be so. Remember, no one rebuked the religious hypocrites more than Jesus (Matthew 23).

Eighty-six percent of Americans call themselves Christians, and 78% of those who are representatives in government capacity call themselves Christians. No wonder why America is falling to the curses (Deuteronomy 28:15-68).  These professed Christians are following and honoring men in office rather than honoring the Christ they claim to serve (Matthew 15:8)!

“Thus saith the LORD; Cursed be the man that trusteth in man, and maketh flesh his arm, and whose heart departeth from the LORD.” -Jeremiah 17:5

These hypocrites have exchanged the King that has bought them with His own blood (1 Corinthians 6:20; 1 John 2:2) for a  fallen and reprobate man that sells them out (Luke 22:48).

Instead of man submitting to the Lawgiver, they slavishly serve the lawbreakers (Isaiah 14:12-15).

Instead of them serving out of love the One that cannot and will not lie (Numbers 23:19), they submit to those who lie on a daily basis.

Instead of man submitting to the immutable God (Hebrews 6:18), they submit to fallen man and every wind of his made up doctrine, the sleight of men and their cunning craftiness as they continuously deceive.

“That we henceforth be no more children, tossed to and fro, and carried about with every wind of doctrine, by the sleight of men, and cunning craftiness, whereby they lie in wait to deceive;” -Ephesians 4:14

On the other hand...

“Blessed is the man that trusteth in the LORD (And magnifies His government), and whose hope the LORD is.” -Jeremiah 17:7

Friends, no matter who the president is (Romans 13:3-4) remember, he has no title of nobility (Article 1, Section 9, Clause 8, US Constitution).

Jesus will always be the King (Isaiah 9:6).

Another way of saying this is either Jesus is your King, or your man made king will be your god (Exodus 20:3).

On April 18, 1775, John Adams and John Hancock were at the home of Rev. Jonas Clarke, a Lexington pastor and militia leader. That same night Paul Revere arrived to warn them of the approaching Redcoats. The next morning, British Major Pitcairn shouted to an assembled regiment of Minutemen:  "Disperse, ye villains, lay down your arms in the name of George the Sovereign King of England."

The immediate response of Rev. Jonas Clarke or one of his company was:

"We recognize no Sovereign but God and no King but Jesus."

 

Bradlee Dean is a guest contributor to GCN news. His views and opinions are his own and do not reflect the views and opinions of the Genesis Communication Network. Bradlee's radio program, The Sons of Libertybroadcasts live M - Sat here at GCN. This op-ed was originally published by Sons of Liberty Media at www.sonsoflibertyradio.com. Reprinted with permission. 

Published in Opinion