You're kidding me!! I've spent how much???!!!

**nothing2lose** · July 2nd, 2011, 10:53 AM

I just got online to check my Medicare Tax Statement.

Last financial year (as in the one that finished two days ago), I spent over...wait for it...$28,000 in medical expenses

I knew it was a lot but $28,000......AND that doesn't count all of the things that aren't claimable (egg retrieval and transfer, medicine, etc, the hysteroscopy and the MRI I had to have) which would add ANOTHER $5000!!!!!!!!!!!!!!!!!!!!!

So that's a total of over $33,000 spent in 12 months.

I am in shock.

***Ash*** · July 2nd, 2011, 10:57 AM

Woah! I hope you can pick yourself up off the floor soon. I'd be in shock too.

**Boo Boo** · July 2nd, 2011, 11:55 AM

Far out!!!!

**Charlotte91** · July 2nd, 2011, 11:58 AM

Geeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeezzzzzzzzz.

**nothing2lose** · July 2nd, 2011, 11:59 AM

i know

**kass** · July 2nd, 2011, 12:07 PM

I'm in the same boat - for the second year - ouch!

**Catastrophic** · July 2nd, 2011, 10:34 PM

WOW! !

**kass** · July 2nd, 2011, 10:50 PM

Actually anything over $2000 medical expenses directly offsets your tax payable - so unless you've paid more than $35000 tax this year, I am guessing you'll get it all back!

wasn't my experience last year unfortunately - it was 20c after the first $1500 (which is 0) so $30,000 expenses = $5700 claim.

**OceanPrincess** · July 2nd, 2011, 09:48 PM

My gosh N2L. That is incredible.

**Olive** · July 2nd, 2011, 10:09 PM

wow and i thought my $400 odd for this week was bad enough

at the stiff one!

**Floweryfields** · July 2nd, 2011, 10:25 PM

Woah!

that's a reasonable rebate at 20c in the dollar...

Actually anything over $2000 medical expenses directly offsets your tax payable - so unless you've paid more than $35000 tax this year, I am guessing you'll get it all back!

**nothing2lose** · July 2nd, 2011, 10:49 PM

Woah!

Actually anything over $2000 medical expenses directly offsets your tax payable - so unless you've paid more than $35000 tax this year, I am guessing you'll get it all back!

I thought you got back 20cents for every dollar over $1500 for out of pocket costs. Is this wrong??? I like your calculations much better!

**Floweryfields** · July 3rd, 2011, 07:59 AM

I thought you got back 20cents for every dollar over $1500 for out of pocket costs. Is this wrong??? I like your calculations much better!

Yes, sorry, anything over $2000 (last fy it was $1500) you get 20 cents in the dollar directly offset - sorry, that was a late night post! You'll still be looking at $7000 or so offset. My bad mistake sorry!!!

**FabFiona** · July 3rd, 2011, 08:17 AM

That amount is amazing. Full credit to you and your bank manager.

On the upside, how are we going to spend your tax return? Shoes? Or straight back on medical bills?

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