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IRS declares obesity a disease
http://www.msnbc.com/news/999076.asp
The section of this story that's interesting (and maybe money-saving) is: "Changes in federal health-care policy may soon provide wider access to treatment. Last year the Internal Revenue Service declared obesity a disease and made expenses related to treatment-exercise programs, bariatric surgery and commercial weight-loss programs like Weight Watchers-tax-deductible. And the agency that controls Medicare will soon decide whether to reclassify as well. If it does, it will be the first step toward allowing millions of overweight Americans to seek treatment." My DH is going to do some research and see if we can take our gym membership fees off our income taxes. I'll let the group know what we find out. If anyone out there is a tax accountant (in the USA), I'll like to hear your comments on this. Tonia |
#2
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IRS declares obesity a disease
That T Woman wrote:
My DH is going to do some research and see if we can take our gym membership fees off our income taxes. I'll let the group know what we find out. If anyone out there is a tax accountant (in the USA), I'll like to hear your comments on this. Way ahead of you. The IRS does not consider exercise to be treatment for obesity. Seriously. You cannot deduct health club memberships in any way, shape or form. Wendy, a CPA |
#3
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IRS declares obesity a disease
"That T Woman" wrote in message ... http://www.msnbc.com/news/999076.asp The section of this story that's interesting (and maybe money-saving) is: "Changes in federal health-care policy may soon provide wider access to treatment. Last year the Internal Revenue Service declared obesity a disease and made expenses related to treatment-exercise programs, bariatric surgery and commercial weight-loss programs like Weight Watchers-tax-deductible. And the agency that controls Medicare will soon decide whether to reclassify as well. If it does, it will be the first step toward allowing millions of overweight Americans to seek treatment." My DH is going to do some research and see if we can take our gym membership fees off our income taxes. I'll let the group know what we find out. If anyone out there is a tax accountant (in the USA), I'll like to hear your comments on this. Tonia We were told by our accountant that the medical portion of my HMR program that wasn't covered by insurance (all of it) would be tax deductible, but the food (shakes, etc) would not be, nor my Curves membership and various and sundry fitness equipment and other expenses. Jenn |
#4
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IRS declares obesity a disease
On 4 Dec 2003 21:42:34 -0400, Wendy wrote:
That T Woman wrote: My DH is going to do some research and see if we can take our gym membership fees off our income taxes. I'll let the group know what we find out. If anyone out there is a tax accountant (in the USA), I'll like to hear your comments on this. Way ahead of you. The IRS does not consider exercise to be treatment for obesity. Seriously. You cannot deduct health club memberships in any way, shape or form. Wendy, a CPA My husband -- who is obese and has associated health issues -- has gotten our doctor to prescribe his gym membership and personal training (or perhaps more correctly, to direct him to do it). We deducted the associated costs as a medical expense last year, and our taxes are prepared by a CPA (who is the one who recommended that DH talk with our doctor about this). My understanding is that there was some change in the tax law that permitted this. I did a quick google search and found the following: http://www.tax-power.com/Tax%20Power.../TaxPower4.doc See point 2, in particular. (This deduction is subject to the limitations associated with other medical expense deductions. But it also suggests the use of flexible spending accounts, if you have that available through your work, to pay with pretax dollars.) I should probably have tried to get the doctor to prescribe it for me too. This year I think that would be tough, since I'm not significantly overweight. (I haven't been to the doctor in 4-5 years. I suppose I should do something about that sometime :-) .) Chris |
#5
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IRS declares obesity a disease
I'm just going to win the multi-state lotto and not worry about if the IRS
deducts it or not....LOL Paul 300/247/175 "That T Woman" wrote in message ... http://www.msnbc.com/news/999076.asp The section of this story that's interesting (and maybe money-saving) is: "Changes in federal health-care policy may soon provide wider access to treatment. Last year the Internal Revenue Service declared obesity a disease and made expenses related to treatment-exercise programs, bariatric surgery and commercial weight-loss programs like Weight Watchers-tax-deductible. And the agency that controls Medicare will soon decide whether to reclassify as well. If it does, it will be the first step toward allowing millions of overweight Americans to seek treatment." My DH is going to do some research and see if we can take our gym membership fees off our income taxes. I'll let the group know what we find out. If anyone out there is a tax accountant (in the USA), I'll like to hear your comments on this. Tonia |
#6
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IRS declares obesity a disease
Can't your only write off medical expenses that are 7.5% above your gross
adjusted income anyway?? -- Email me at: perpleglow(AT)comcast.net "Chris Braun" wrote in message ... On 4 Dec 2003 21:42:34 -0400, Wendy wrote: That T Woman wrote: My DH is going to do some research and see if we can take our gym membership fees off our income taxes. I'll let the group know what we find out. If anyone out there is a tax accountant (in the USA), I'll like to hear your comments on this. Way ahead of you. The IRS does not consider exercise to be treatment for obesity. Seriously. You cannot deduct health club memberships in any way, shape or form. Wendy, a CPA My husband -- who is obese and has associated health issues -- has gotten our doctor to prescribe his gym membership and personal training (or perhaps more correctly, to direct him to do it). We deducted the associated costs as a medical expense last year, and our taxes are prepared by a CPA (who is the one who recommended that DH talk with our doctor about this). My understanding is that there was some change in the tax law that permitted this. I did a quick google search and found the following: http://www.tax-power.com/Tax%20Power.../TaxPower4.doc See point 2, in particular. (This deduction is subject to the limitations associated with other medical expense deductions. But it also suggests the use of flexible spending accounts, if you have that available through your work, to pay with pretax dollars.) I should probably have tried to get the doctor to prescribe it for me too. This year I think that would be tough, since I'm not significantly overweight. (I haven't been to the doctor in 4-5 years. I suppose I should do something about that sometime :-) .) Chris |
#7
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IRS declares obesity a disease
On Fri, 5 Dec 2003 08:32:36 -0600, "Perple Gyrl"
wrote: Can't your only write off medical expenses that are 7.5% above your gross adjusted income anyway?? Yes, I think that's the number. Unless one has really high medical expense apart from a gym membership (or an extremely low income, I guess), a gym membership wouldn't make the cut. However, personal training 3x/week for a year, like DH does, is a whole different matter. It's pretty expensive; added to our other medical expenses it gets us above the cut off. Chris |
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IRS declares obesity a disease
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#9
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IRS declares obesity a disease
I will have to check out my flex spending account to see what it covers.
Unfortunately, I maxed mine out this year AND bought a 3 yr membership to a healthclub last month! I don't think either will hep me.. Oh well. -- Email me at: perpleglow(AT)comcast.net "Jayjay" wrote in message ... On Fri, 5 Dec 2003 08:32:36 -0600, "Perple Gyrl" wrote: Can't your only write off medical expenses that are 7.5% above your gross adjusted income anyway?? Then the question would be that if the doctor prescription thing works, can you put your gym membership on a flexible spending plan (cafeteria plan) and get the money pretax through your employer? Heck, if the caferteria plans now cover OTC meds like aspiren and cold meds, then it would suffice to say a "prescription for gym membership" would work. My gym has a large physical therapy unit, hhhmmmm.... note - this is a current huge concern of mine, because the company is switching health insurance again this year to a new breed of health insurance - consumer drivin plan. Whereas for the young and healthy, its a good low cost plan. But the prescription plan is part of the whole plan, so if you have any medical condition, ie allergies, birthcontrol, etc... you pay top dollar for prescription costs and most of it comes directly out of your own pocket. Its got me in a big uproar over the high costs .. and yes, those high costs of health insurance are partially to be blamed on the obese and their medical conditions (diabeties, heart, etc). Its a real ****er for someone healthy who wants insurance for those "just in case" emergencies |
#10
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IRS declares obesity a disease
wendy,
i believe that with a physician's prescription that are allowances. -- read and post daily, it works! rosie "if the only prayer you say in your whole life is 'thank you,' that would suffice." ................................................m eckhart, 1260-1328 http://www.moveon.org/ "Wendy" wrote in message ... That T Woman wrote: My DH is going to do some research and see if we can take our gym membership fees off our income taxes. I'll let the group know what we find out. If anyone out there is a tax accountant (in the USA), I'll like to hear your comments on this. Way ahead of you. The IRS does not consider exercise to be treatment for obesity. Seriously. You cannot deduct health club memberships in any way, shape or form. Wendy, a CPA |
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