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Which of the following costs are NOT deductible as an itemized medical expense?

A. The cost of eyeglasses.

B. Payments to a hospital.

C. Transportation for medical purposes.

D. The cost of insurance for long-term care services.

E. All of these are deductible as medical expenses.

1 Answer

4 votes

Final answer:

Most of the listed expenses, including the cost of eyeglasses, payments to a hospital, and transportation for medical purposes, are typically deductible as itemized medical expenses. However, the cost of insurance for long-term care services may be deductible subject to certain limits and requires consultation with IRS guidelines.

Step-by-step explanation:

When considering itemized medical expenses that are deductible, the Internal Revenue Service (IRS) stipulates that certain costs can be subtracted from your taxable income if you itemize on your tax return. Based on the options provided:The cost of eyeglasses is typically considered a medical expense and is deductible.Payments to a hospital for medical care are deductible.Transportation costs primarily for and essential to medical care are also deductible.Finally, the cost of insurance for long-term care services, while it may be deductible subject to certain limits, it does not seem to fit the context of the given list and requires further IRS guidelines to ensure its deductibility.This leads us to conclude that each of the costs listed above are, under the right circumstances, potentially deductible as itemized medical expenses. However, deductions are subject to various limitations and rules, so individuals should consult IRS guidelines or a tax professional for their specific situations.

User Priyansh Gupta
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