Cosmetic Surgery Tax Deductions
It is a fact that if you undergo elective surgeries such as cosmetic surgery, you are not entitled to claim for tax deductions on your expenses. However, certain quarters claim that if these cosmetic surgery procedures are distinctly for correcting physical damage from injury or disease, correcting a defect or restoring normal biological functions, then such surgical expenses ARE tax deductable.
Obesity is considered a disease medically speaking, so corrective surgeries like tummy tucks or liposuction might qualify for tax deduction. Another possibility is when you own a company in an industry where you require such surgeries as part of your business, then you might be able to claim tax deductions in the form of company expenses. For example, if you are in the adult entertainment industry, then various forms of cosmetic surgery expenses might qualify for tax deductions.
Needless to say, whether or not you can legitimately claim for tax deductions under these less than orthodox reasons needs deeper evaluation by a qualified tax professional such as a tax attorney or an accountant. If such a possibility exists for you, you most certainly need to also discuss it with your surgeon in order to obtain the necessary written confirmation of your physical condition from him as well as the expected improvements the surgery would do for you. You will need all these documents and information when making your claim from the IRS to ensure the highest chances of success.
Darrin T. Mish is a veteran, nationally recognized tax attorney who has focused on providing IRS help to taxpayers for over a decade. He regularly travels the country training other attorneys, CPAs and enrolled agents on how to handle their toughest cases with the IRS. He is highly ranked among the top attorneys in the country, with an AV rating from Martindale-Hubbell and a perfect 10 on Avvo.com. Martindale-Hubbell has also honored him with a listing in their Bar Register of Preeminent Lawyers. He is a member of the American Society of IRS Problem Solvers and the Tax Freedom Institute. With clients on every continent but Antarctica, he has what it takes to solve your IRS problems no matter where you live in the world. If you would like more information about his practice and how he can help you, please call his office at (813) 229-7100 or toll free at 1-888-GET-MISH.
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