Tax refund for medical expenses??? Medicare statement

[Mak]

It is not claimable from Medicare but I believe once your expenses (dental and medical) exceed 2K then you get a tax refund of 20c per $1 over this amount.

[*Ang*]

We are just trying to work this out too as we have had huge medical expenses for the year. I think you may have to go to the individual providor (ie doctor etc) to get the total for the financial year.

[melbel]

you go into medicare after July 1 and aks for a tax statement of benfits which will list all your out of pocket medicare claimed bills....do the same with your health fund if you one or simply add up our dental receipts and add the two figures together hun...don't forget presciption receipts and all that jazz too.

[Mak]

Thanks!

[UntoldAngel]

As melbel said, you contact Medicare after June 30 and request your tax statement. Alternatively, if you are signed up for online services, you can print it out yourself.

And it is once your medical expenses exceed $1500 When I had my braces done it made a big difference to my tax, but having DS with a private obstetrician made barely any difference...

[Just Me]

If you do your tax on etax, all that info gets automatically downloaded into your tax return as well

[nothing2lose]

Hiya
Quick question about script receipts. Basically I haven't kept them. Is there any way to get a record of medicines purchased??

[Just Me]

If they are scripts, don't they usually ask for your medicare card ... they might be on your medicare statement? I really don't know but I thought they might be.

[Floweryfields]

I think you can register to get it online on their site too.

[briggsy's girl]

I think you can register to get it online on their site too.

i am registered on the medicare site and yes, you can check (and download) from there

[M D]

The threshold for this finaciql year has increased to $2000. So any expenses over $2000 you get back .20c in the dollar.