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Tax Time Tips

From Jennifer R. Scott, About.com GuideMarch 13, 2010

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If your fees for a weight-loss program are considered medical expenses, you may be able to write them off on your taxes! A weight-loss program prescribed by a doctor in order to treat a specific medical condition (i.e., obesity, diabetes) is required.

While OTC diet products do not qualify for the break, if your doctor prescribes a special food or beverage you may be able to deduct the extra cost (if it is more than the cost of your normal food expenses).

You can only deduct these or any other kind of medical expenses if you itemize and the expenses are greater than 7.5% of your AGI (adjusted gross income).

For a list of qualifying expenses, see IRS publication 502 at irs.gov or talk to your accountant.

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