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  • 08-13-2008 9:09 PM

    Aussie Tax deductions - Medical?

    You have got me excited threeboysandra!!

    Does anyone know if you can claim overseas medical expenses on your tax?

    2ndly... if we could draw against our Super for IVF in the States, I wonder if we could then claim it against tax (even thou it came out of our Super)?

     If this was possible, the money received back from our tax return could go a long way towards our travel expenses.. ?

    I dream about trying MS PGD IVF however I would feel so financially guilty if it didnt work... but.. if we can do the above.... well...!! Happy  LOL

    Baby Boy Oct 07
    Baby Boy Due Dec 08

    Pray for a Baby Girl one day!
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  • 08-13-2008 9:11 PM

    Re: Tax deductions - Medical?

    • jjn

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    Just quickly, sorry I'm in the middle of feeding..... check out a thread started by mumof3girls.... she talks about how you can claim some portion of high tech on your tax.  Its probably a few pages back or just do a search on her name.  If I get time later I'll hunt it down for you.  GL!

    Baby Boy Baby Boy Baby Boy my IVF/PGD Baby Girl Check out my Blog www.in-gender.com/cs/blogs/jjn/default.aspx Lilypie 1st Birthday Ticker
  • 08-13-2008 9:22 PM

    Re: Tax deductions - Medical?

    Thanks jjn...!

    20% return... thats great!

    Now, I just wonder if you could claim the medical expenses against tax if it was paid for out of your super..?

    I will try to find out..!!

    As long as we have the $$ in Super.. how affordable would it be!!!

    Baby Boy Oct 07
    Baby Boy Due Dec 08

    Pray for a Baby Girl one day!
  • 08-13-2008 9:31 PM

    Re: Tax deductions - Medical?

    Hey, just saw this post, in Oz we can claim some portion, but not sure about if you live in the USA, which I think you do??

    Baby Girl 6
    Baby Girl 4
    Baby Girl 2
    Happy with our 3 girls and moving on

  • 08-13-2008 11:44 PM

    Re: Tax deductions - Medical?

    Sorry, I didn't read the title of this post properly, I see you are in Australia.  Then if that is the case, this is what my accountant emailed me when I asked him about tax rebates for IVF.  Please note it is a tax deduction and not through the medicare system. 

    THE TAX OFFICE HAVE INDICATED THAT ANY PAYMENTS FOR THE IVF PROCEDURE PAID TO A QUALIFIED DOCTOR OR MEDICAL OFFICER IS APPLICABLE FOR THE 20% MEDICAL REBATE FOR COSTS THAT EXCEED $1500 OUT OF POCKET EXPENSES. ANY OTHER COSTS SUCH AS TRAVEL AND ACCOMMODATION ETC ARE NOT CONSIDERED MEDICAL COSTS.

    In another email I asked him if this was only valid to procedures performed in Australia and his reponse after contacting the ATO was that it was valid for Australia and overseas.  I don't think the meds would be included though, just the procedure, but hey, a little back is better than nothing lol.

    Hope this helps.

    Baby Girl 6
    Baby Girl 4
    Baby Girl 2
    Happy with our 3 girls and moving on

  • 08-14-2008 1:17 AM

    Re: Tax deductions - Medical?

    • PlanB

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    Cool! I'd forgotten about this. Thanks for the reminder.

    Baby Girl
    Heartbroken
    Baby Girl
    Hoping to do PGD IVF for Baby Boy in 2009

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