Did you know that the following things are tax deductible?
Pregnancy tests
Birth Control
Fertility Enhancement! (YES)
Unfortunately the following is NOT tax decuctible:
Costs of Adoption
Even worse, the following IS tax decuctible:
Costs of Abortion
Something is wrong with this picture.
We should alert lawmakers.
Hopefully in the future, I will be writing a blog post and those two will be switched!
Oh taxes...
3 comments:
Wow. I had to do a double take on that one. AHHHH!!! how awful. So does that mean if I get HIV or any other STD I can deduct medical treatment for that too?!
I'm not sure I follow.
There isn't a deduction but there IS an adoption tax credit and it's 13K now. A credit is definitely better than a deduction any day (granted as long as one is paying taxes. The credit doesn't help much if you don't pay out in taxes). We got a huge refund the year after our daughters finalization and it helped immensely. Good luck!
Even worse is that under MOST medical insurance (mine included) Birth control, abortion and getting your tubes tied are covered- Anything to do with fertility treatments, including endometriosis are NOT covered! Whatever!
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