Tax Prep recommendation for special medical expenses

[Anonymous]

We usually do our taxes at H&R Block, but this year both children are receiving therapy and have special educational needs that are now considered medical necessity by their doctor and their therapists. When we went to our tax appointment, the guy had no idea what to do with all of our materials and told us he did not have time to sort it out. (Despite our color-coded, tabbed binder with printed info from the IRS, doctors, etc).

We are in the Falls Church/Arlington/McLean area. Does anyone have a tax prep person or agency that is familiar with special medical expenses that they can recommend? Especially at this late date?

Thank you!

[Anonymous]

I don't have a specific professional sorry. But unless you already did the arithmetic what's going to be needed is the medical expensed MINUS the reimbursements if any from insurance. If your binder doesn't have that, you can start there.

The number that eventually winds up on Form A is the net expense not reimbursed.

I did medical deductions 3 years and the last 2 were easier because I knew to keep track of reimbursements.

[Anonymous]

I comb through our bank statements and put all our medical expenses including tuition for a dyslexia-specific school into a spreadsheet--just copying and pasting. Subtract out anything reimbursed by insurance. And make sure not to include things you used an FSA or HSA for. Our tax preparer then uses our spreadsheet for that portion. I would guess that your tax preparer wants a spreadsheet, not a binder of stuff.

[Anonymous]

We do our own taxes with Turbo Tax but this is the IRS guidance to follow: https://www.irs.gov/taxtopics/tc502

[Anonymous]

And all this only matters for the portion over 7% of your income

[Anonymous]

Turbo Tax walks you through it. Personally I wouldn’t pay an accountant for that.

[Anonymous]

you can deduct any medical out-of-pocket expenses in excess of 7.5% of your Adjusted Gross Income. So do the math to make sure then I suggest you put everything in a spreadsheet or download the claims from your insurance if you submitted them and make sure that your true out of pocket is reflected. You will likely have to put that in as they won't reflect that only what they reimburse you....they (insurance company) writes off the rest. Obviously you do not.