thread: Tax refund for medical expenses??? Medicare statement

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  1. #1
    BellyBelly Life Subscriber

    Nov 2005
    Langwarrin. Victoria
    1,654

    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.

  2. #2
    Registered User

    Mar 2009
    1,400

    Thanks!

  3. #3
    Registered User
    Add UntoldAngel on Facebook

    Nov 2009
    Between concrete walls
    1,885

    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...

  4. #4
    BellyBelly Member

    Oct 2008
    3,132

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

  5. #5

    Jun 2010
    District Twelve
    8,425

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

  6. #6
    BellyBelly Member

    Oct 2008
    3,132

    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.

  7. #7
    Registered User

    Mar 2007
    Melbourne
    4,031

    For scripts you go to the chemist you got the scripts filled out at and ask for a tax statement. Hopefully you have a regular chemist, otherwise you will need to go to each chemist. They usually ask you to fill a stat dec out to get the statement.
    For Medicare you can get the statement online if you are registered online and and also get one from your PHI as well. Ask for end of financial year itemised statement for tax.
    You get 20c in the dollar for medical expenses after you hit $1500 threshold.
    For anything that you didn't claim from either PHI or Medicare, bundle the receipts and add them up or give them to your Tax agent.

  8. #8
    Registered User

    Dec 2005
    In Bankworld with Barbara
    14,222

    Thanks for posting this thread - DH will have more than reached that threshold this year and I was wondering if there was a statement you needed and how to get it.

  9. #9
    Registered User

    Jan 2009
    5,235

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

  10. #10
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    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

  11. #11
    Registered User

    Feb 2008
    1,041

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

  12. #12
    Registered User

    Mar 2009
    1,400

    Excellent help everyone thanks! Dh mentioned the threshold change too - I got braces about 3 months ago so good timing for us as I believe it will be means tested from next year also. xx