Contributed by Susan Lasky
We are often asked if our ADHD-related coaching, organizing and parenting services are covered by health insurance or are tax deductible.
Always check with your accountant first, but the following information applies to persons with disabilities:
According to the Tax Guide for Parents, published by the Family Resource Center on Disabilities, 2009 Edition http://www.frcd.org,
â€œYou are entitled to deduct asÂ medical expenses the cost of services incurred to alleviate your childâ€™s mental or physical condition:â€
Adults:Â Some of these medical deductions may be claimed as business expenses (instead of medical expenses) if they are related to a disabled personâ€™s business/occupation.
If claimed as business expenses, the deductions are not subject to the 7.5% medical limitation.
It is important to document all of your medical expenses by:
Note:Â IRS Publication 502, Medical and Dental Expenses contains more detailed information: http://www.irs.gov/pub/irs-pdf/p502.pdf
Also, according to the IRS Publication 907:Â Tax Highlights for Persons with Disabilities:Â http://www.irs.gov/pub/irs-pdf/p907.pdf
Impairment-Related Work Expenses
If you are disabled, you can take a business deduction for expenses that are necessary for you to be able to work.
If you take a business deduction for these impairment-related work expenses, they are not subject to the
7.5% limit that applies to medical expenses.
You are disabled if you have:
Â· A physical or mental disability (for example, blindness or deafness) that functionally limits your being employed, or
Â· A physical or mental impairment (including, but not limited to, a sight or hearing impairment) that substantially limits one or more of your major life activities,
such as performing manual tasks, walking, speaking, breathing,Â learning, or working.
Impairment-related expenses defined. Impairment-related expenses are those ordinary and necessary business expenses that are:
Â· Necessary for you to do your work satisfactorily,
Â· For goods and services not required or used, other than incidentally, in your personal activities, and
Â· Not specifically covered under other income tax laws.
From theÂ article : “According to the Tax Guide for Parents,” published by the Family Resource Center on Disabilities. Â
Susan Lasky is aÂ both Board Certified and Senior Certified ADHD Coach.
To contact the author:Â firstname.lastname@example.org
ADD and ADHD are used interchangeably for Attention-Deficit/Hyperactivity Disorder.
Any information or suggestions in this article are solely the opinion of the author(s) and should not replace the advice of appropriate medical, legal, therapeutic, financial or other professionals. We do not test or endorse any product, link, author, individual or service listed within.
Â© 2006 â€“ 2017, by The ADD Resource Center. All Rights Reserved.
To viewÂ HUNDREDSÂ of articles and videos onÂ ADD/ADHD, go toÂ addrc.org
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