| What are tax deductible medical | | | | insurance). |
| expenses?Tax-deductible medical expenses may | | | | •Nursing services need not be performed by a |
| include the costs of diagnosis, cure, mitigation, | | | | nurse as long as the services are of a kind generally |
| treatment, or prevention of disease, and the costs for | | | | performed by a nurse. This includes services |
| treatments affecting any part or function of the body. | | | | connected with caring for the patient's condition, such |
| They may also include the costs of equipment, | | | | as giving medication or changing dressings, as well as |
| supplies, and diagnostic devices needed for these | | | | bathing and grooming the patient. |
| purposes. Dental expenses are also covered. The | | | | •Personal-care services: These are services |
| incurred expenses must be primarily to alleviate or | | | | intended to provide needed assistance with any of the |
| prevent a physical or mental defect or illness. | | | | disabilities that cause the individual to be chronically ill |
| Expenses that are merely beneficial to general health | | | | and include protection from threats to health and |
| are not included. | | | | safety due to severe cognitive impairment. |
| What is long term care? | | | | •Prescription medicines and drugs must be |
| Long-term care comprises a variety of services that | | | | prescribed by a doctor. With the exception of insulin, |
| include medical and non-medical care to people who | | | | amounts paid for medicines or drugs that are not |
| have a chronic illness or disability such as | | | | prescribed (or for any drugs which have been |
| Alzheimer’s disease, Parkinson’s disease, | | | | imported from other countries) are not deductible. |
| stroke, congestive heart failure, ALS, arthritis, diabetes, | | | | •Durable medical equipment, supplies, diapers. |
| and MS. Long-term care helps meet health or | | | | •Entrance and accommodation fees for CCRC |
| personal needs. Most long-term care is to assist | | | | (Continuing Care Retirement Community). |
| people with support services such as activities of daily | | | | How is qualified long-term-care services |
| living like dressing, bathing, and using the bathroom. | | | | defined?Qualified long-term-care services are |
| Long-term care can be provided at home, in the | | | | necessary diagnostic, preventive, therapeutic, curing, |
| community, in assisted living or in nursing homes. It is | | | | treating, mitigating, rehabilitative services, and |
| important to remember that persons of any age may | | | | maintenance and personal-care services that are (1) |
| need long-term care. | | | | required by a chronically-ill individual, and; (2) provided |
| What amount may be deducted and by whom? | | | | under a plan of care prescribed by a licensed |
| To compute the allowable amount of medical | | | | health-care practitioner. |
| deductions for the taxable year, the medical expenses | | | | Who is a chronically-ill Individual? |
| must exceed 7.5% of the taxpayer’s adjusted | | | | Patients may qualify as “chronically-ill individuals” |
| gross income. | | | | if they meet one of these two tests: |
| Medical expenses paid for by and for taxpayer, | | | | •Activities of Daily Living (ADLs): patient must be |
| taxpayer’s spouse and dependents are includible in | | | | certified as unable to perform, without substantial |
| this calculation. Such expenses for someone with | | | | assistance from another person, at least two ADLs |
| chronic illness or disability disease may be deducted on | | | | (eating, toileting, bathing, dressing and continence). This |
| his or her own return, on a joint return filed with his or | | | | disability must exist for at least 90 days and be due to |
| her spouse, or on the return of another person if the ill | | | | a loss of functional capacity, |
| person is the other person’s dependent. | | | | •Substantial Supervision/Cognitive Impairment Test: |
| What are some tax deductible expenses that might | | | | patients must be certified as requiring substantial |
| be incurred by someone in need of long-term care? | | | | supervision to protect themselves from threats to |
| •Home care, attendant care and home-based | | | | health and safety due to “severe cognitive |
| respite care: If certification of chronic illness is obtained | | | | impairment”. |
| and services are provided under a plan of care | | | | The federal tax authorities have given guidance that |
| prescribed by a licensed health-care practitioner, the | | | | “severe cognitive impairment” means a loss or |
| cost of an attendant to perform qualified | | | | deterioration in intellectual capacity that includes |
| long-term-care services is a medical expense and is | | | | Alzheimer’s disease and similar forms of |
| tax deductible. | | | | irreversible dementia, and is reported in good faith by |
| •Nursing homes, assisted-living facilities, group | | | | clinical evidence and standardized tests that measure |
| homes, congregate-living facilities, adult-day-care | | | | impairment in (1) short- or long-term memory, (2) |
| programs, facility-based respite, etc. The tax code | | | | orientation to people, places or time, and (3) deductive |
| does not specify that qualified-long-term care services | | | | or abstract reasoning. |
| must be provided in any particular setting. Thus, as long | | | | Guidance also exists stating that “substantial |
| as a certification of chronic illness is obtained and the | | | | supervision” means continual supervision by another |
| services are provided under a plan of care prescribed | | | | person that is necessary to protect severely |
| by a licensed health-care practitioner, qualified | | | | cognitively-impaired individuals against threats to their |
| long-term-care services should be considered medical | | | | health or safety. |
| expenses irrespective of the type of facility in which | | | | What are the required certifications, care plans, |
| provided. | | | | etc.? For purposes of the tax deduction, a person |
| •Home improvements: Reasonable costs to make | | | | must be certified as meeting the requirements of a |
| home improvements are considered medical | | | | chronically-ill individual. This certification must be done |
| expenses if the main purpose is medical care and the | | | | by a licensed health-care practitioner (MD, RN, or |
| expense is directly related to medical care. | | | | licensed social worker “within the preceding |
| •Psychiatric care. | | | | 12-month period,” which implies an annual review for |
| •Health insurance premiums including those | | | | a person with a chronic illness or disability. |
| premiums for qualified long-term-care insurance (not life | | | | |