Question For You All
I was going to take a complete three month break from blogging, but it looks like that will not happen as I already have a question for you all! Since the last cycle failed I have been thinking a lot about IVF , so while I was doing our taxes last night I checked the i.rs site to see if any IVF related expenses could be deducted (for next year’s tax file). I found out that you can claim the expenses that come with IVF as a medical deduction. YAY! This information made me wonder if donor spe.rm could be considered a medical deduction. I do realize that this is a stretch and the chance that it actually would be a medical deduction is slim, but I thought I would put it out there and see if any of you knew the answer.
I actually asked my accountant a similar question and the short answer is no. We have a known donor but had him go to a sperm bank so we could do the IUI at the RE’s office. I asked if I could deduct those costs (testing, storage) and he said no because they’re not my own medical expenses. Maybe someone else has a different answer, but that’s what I was told.
We’re also going on a break for a few months and then likely moving on to IVF, so perhaps our cycles will be in sync when you return to blogland 🙂
We did it through our flex spending accnt at my wife’s work. Did not get kicked back. I’ll ask her if we did anything else, but that’s what I remember.
IMO, IVF is the way to go after spending too much money on “x” amount of IUI’s.
We are so glad we stopped after 6 and spent the rest of our money this way.
An RE, (not mine) said to one of my friends after one year of IUI’s, “are you TRYING for a baby or do you want to GET a baby? She was 36/37. They made the switch and now has a 15 month old.
Good luck with the decision.
We got ours through CCB and wrote it off last year.
I consulted both a tax lawyer and an accountant. We wrote off IVF, sperm, etc this past year.
Thank you for this post! I’m definitely going to write off the sperm. I didn’t even think of it.
Brilliant! What a great idea, I can’t wait to right it off!
I wrote it off too. I do my own taxes and didn’t consult anyone to see if this was okay, but I didn’t get audited so it all worked out.