![]() If you are a regular civilian, you should assume your face mask is not tax-deductible. Note that respirators and face masks are not currently listed as qualified medical expenses, so it will be up to the IRS to approve reimbursement for these. Call us at 61, send us an email to the, address or simply fill out the Contact Us form at ElderLaw.US/Contact. Stimulus Tax Question 1: Are Face Masks Tax-Deductible Bottom line: No, not for non-health-care professionals. If you have questions about Guardianships ,or any Elder Law or Estate Planning issue, contact R. In addition, you can only deduct medical expenses you paid during the year, regardless of when the services were provided, and medical expenses are not deductible if they are reimbursable by insurance.ĭue to the ongoing coronavirus pandemic, the deadline for filling 2020 taxes has been extended to May 17, 2021.įor the IRS’s press release on deducting personal protective equipment, click here.įor more information on what you can and cannot deduct, see Publication 502 on the IRS Web site. This may be the case if you have large home care, nursing home or assisted living expenses (the latter only deductible if you’re there for medical reasons), in which case the cost of your face masks, etc., is going to be a drop in the bucket. IRS Makes Face Masks and Sanitizer Payable Under FSAs, HSAs or HRAs Deadline for 2020 HSA contributions extended to The IRS cleared up an issue about benefit account reimbursements. To claim the deduction, your medical expenses have to be more than 7.5 percent of your adjusted gross income and your other deductions have to be sufficient to justify itemizing rather than taking the standard deduction. Taxpayers could already deduct the costs of medical expenses if those expenses accounted for at least 7.5 of their adjusted gross. ![]() However, this deduction will be irrelevant to most taxpayers. Face masks and hand sanitizer are tax deductible, IRS says. This year, the IRS has made clear that “medical expenses” also includes amounts paid for personal protective equipment, such as masks, hand sanitizer, and sanitizing wipes, as long as they were used for the primary purpose of preventing the spread of COVID-19. Many types of medical expenses are deductible, from long-term care to hospital stays to hearing aids. Medical expenses that exceed 7.5 of a taxpayer’s adjusted gross income (AGI) are deductible on Schedule A of Form 1040. 2) Medical treatment, special needs, and carer expenses for parents. In a news release dated March 26, 2021, the IRS stated that face masks and other PPE used to prevent the spread of COVID-19 are considered a deductible medical expense to individual taxpayers. Granted automatically to an individual for themselves and their dependents. ![]() If you have significant medical expenses, you may be able to deduct them from your taxes. Here are the full details of all the tax reliefs that you can claim for YA 2021: 1) Individual and dependent relatives. The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus.
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