Fertility treatments paid for out of your pocket are tax-deductible. You cannot deduct expenses paid for by your insurance company or reimbursed to you by your insurance company. To claim medical deductions, you must itemize your deductions on the Schedule A and attach it to your 1040 form.
Medical Deductions
Fertility treatments are tax deducitble medical expenses. You can deduct any medical expenses that exceed 7.5 percent of your adjusted gross income. For example, if your adjusted gross income is $40,000, you can deduct any expenses that exceed $3,000. If your adjusted gross income is $60,000, you can deduct those medical expenses that exceed $4,500. According to BabyCenter LLC, just one cycle of in vitro fertilization costs an average of $12,400.
Surgical Procedures
Surgical procedures such as in vitro fertilization are tax deductible. Also, procedures to reverse tubal ligations and vascetomies are tax deductible. In addition, egg storage fees are deductible. These procedures may or may not be covered by your insurance policy.
Travel Expenses
If you travel out of town to receive fertility treatments, you can deduct mileage. As of 2011, you can deduct 19 cents for every mile driven to and from medical appointments. To track miles, keep a small notebook in your car and record beginning and ending odometer readings whenever you travel for fertility treatments. You also deduct the cost of meals and lodging when you stay out of town while receiving medical treatments. A maximum of $50 per night may be deducted for the person receiving the treatment and $50 per night for a spouse accompanying the person receiving the treatment, for a maximum deduction of $100 per night for two people.
Other Possible Deductions
If your doctor recommends weight loss for health reasons or to increase your fertility, you can deduct the cost of weight-loss programs. Alternative treatments that may have an impact on fertility, such as acupuncture, are also tax-deductible.
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