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Hello and welcome to the Fairfax Cryobank Family Forum!
The forum has a new look and the Fairfax Team is so excited to create the best experience for our users.

To Note:
Private Donor Groups and Private Sibling Connection Groups are now located under the category "Groups". Search the donor number in the search box and you should find exactly what you're looking for!

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Name (under which the vial was purchased)
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Tax Deductions

moewhit25moewhit25 Senior Member Senior Member
FYI, as long as the amounts are 7.5% (or more) of your adjusted gross income you can deduct your out of pocket expenses for, the cost of IVF, medicine, acupuncture, and any surgery prior to fertility treatments to improve the outcome. I was surprised to know that acupuncture was included! YAY!! Here's a helpful link:
http://www.irs.gov/publications/p502/ar ... 1000178933

Comments

  • hopefulcharhopefulchar Senior Member Senior Member
    Hey Moe,

    i didn't see that you included sperm in the tax deductions. I thought we could use that...am i wrong?
  • Anne72Anne72 Senior Member Senior Member
    I'm about to drop my taxes off this afternoon at my accountant. I sure hope sperm counts. Don't forget mileage for all your drives to the doctor - that counts too!

    I'll post if I can get an answer from him this afternoon. Not sure that I'll see him
  • moewhit25moewhit25 Senior Member Senior Member
    Hey Moe,

    i didn't see that you included sperm in the tax deductions. I thought we could use that...am i wrong?
    Hi Char!
    Yes, I noticed that too. I'm not sure about that. My tax preparer said as long as receipts are from an MD then it can be claimed. I really don't know how Fairfax Cryobank qualifies if at all.....

    I will continue to ask around...
  • Anne72Anne72 Senior Member Senior Member
    My accountant said that I was indeed able to deduct sperm and storage thereof. I was able to deduct my acupuncture too. Also, don't forget all the miles you drive to/from your appointments, those can be deducted to at the standard federal mileage reimbursement rate.

    I keep a spreadsheet of every doctor's appointment, medical purchase, etc. and give that along with all the receipts to my accountant.

    Made for a nice refund this year!
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