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Breast pumps & supplies now tax deductible

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6months
LIF Adolescent

Member since 11/08

598 total posts

Name:

Breast pumps & supplies now tax deductible

WASHINGTON — Breast pumps and other lactation supplies are now tax deductible as medical expenses, the Internal Revenue Service said Thursday, reversing a long-held position.

The new ruling means that families can use pre-tax funds from their flexible spending accounts and health savings accounts for these supplies. Breast pumps typically cost more than $200 and, along with supplies, can run as high as $1,000 in the first year of a baby's life.

Last year, the American Academy of Pediatrics asked the IRS to allow this deduction, but the agency initially denied that request.

Medical expenses are not deductible until they exceed 7.5 percent of adjusted gross income. Since most mothers incur this expense in the same year that they are also piling up expenses involved in pregnancy and childbirth, their total healthcare spending could put them over the top for the deduction.

article

Posted 2/10/11 2:13 PM
 
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MichLiz213
Life is Good!

Member since 7/07

7979 total posts

Name:

Re: Breast pumps & supplies now tax deductible

Great info, thanks!

Posted 2/10/11 2:25 PM
 

6months
LIF Adolescent

Member since 11/08

598 total posts

Name:

Re: Breast pumps & supplies now tax deductible

you're welcome - I was shocked to learn that pumps and supplies were NOT until now.

Posted 2/10/11 3:47 PM
 

LINewbie
Tigger the the Rescue!

Member since 8/08

5647 total posts

Name:
LB

Re: Breast pumps & supplies now tax deductible

What does this mean if you don't have a fsa? Can you take it off your taxes?

Posted 2/11/11 7:30 PM
 

imthecindyofcindyandkevin
Four-nado

Member since 8/07

7972 total posts

Name:
Cindy

Re: Breast pumps & supplies now tax deductible

Good to know, thanks for the info!!

Posted 2/11/11 7:35 PM
 
 

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