Tax: what deductions did you forget last year?

[Frangipani Lou]

How about all of your out of pocket medical expenses of they go over the threshold? U can log onto Medicare and get a a statement. Any care that is authorized or referred by a dr is deductible. Eg if u have a referral for physio (or other allied health professional) from gp, then out of pocket expenses are claimable. All dental work that's out of pocket is claimable All prescriptions too! It's a bit more work to gather all this together but I always get $$$ back so it's worth it. I claim all the above plus Osteopath, costs of blood tests, scans, procedures etc.
I hope that helps!

Here's some more info:
Medical expenses include payments:
to dentists, orthodontists or registered dental mechanics
to opticians or optometrists, including for the cost of prescription spectacles or contact lenses
to a carer who looks after a person who is blind or permanently confined to a bed or wheelchair
for therapeutic treatment under the direction of a doctor
for medical aids prescribed by a doctor
for artificial limbs or eyes and hearing aids
for maintaining a properly trained dog for guiding or assisting people with a disability (but not for social therapy)
for laser eye surgery, and
for treatment under an in-vitro fertilisation program.

From http://www.ato.gov.au/content/00313907.htm

:-)

[nothing2lose]

It's not quite accurate to say you get a refund on all your medical expenses over the threshold.

It is once you are over $2100 (I think that is still the cutoff) out of pocket you can claim a rebate of 20% of those expenses.

From July 1 it will be means tested so for some people it will be once they spend more than $5000 out of pocket.

How about all of your out of pocket medical expenses of they go over the threshold? U can log onto Medicare and get a a statement. Any care that is authorized or referred by a dr is deductible. Eg if u have a referral for physio (or other allied health professional) from gp, then out of pocket expenses are claimable. All dental work that's out of pocket is claimable All prescriptions too! It's a bit more work to gather all this together but I always get $$$ back so it's worth it. I claim all the above plus Osteopath, costs of blood tests, scans, procedures etc.
I hope that helps!

Here's some more info:
Medical expenses include payments:
to dentists, orthodontists or registered dental mechanics
to opticians or optometrists, including for the cost of prescription spectacles or contact lenses
to a carer who looks after a person who is blind or permanently confined to a bed or wheelchair
for therapeutic treatment under the direction of a doctor
for medical aids prescribed by a doctor
for artificial limbs or eyes and hearing aids
for maintaining a properly trained dog for guiding or assisting people with a disability (but not for social therapy)
for laser eye surgery, and
for treatment under an in-vitro fertilisation program.

From http://www.ato.gov.au/content/00313907.htm

:-)