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Lasik Tax Deduction

Use last-minute Lasik to meet the IRS medical expense threshold.

IRS 1040 Lasik Tax Deduction

Lasik may be a deductible medical expense for 2009 if you act quickly.

WASHINGTON DC, December 10, 2009  -- Getting Lasik before the end of the year may allow the cost to be deducted as a medical expense from 2009 income taxes.

Lasik is approved by the US Internal Revenue Service as a deductible medical expense [§ 213(d)(9)], however medical expenses cannot be deducted unless they are 7.5 percent of the taxpayer's adjustable gross income. Lasik's average cost of $1,400 to $2,500 per eye when added to current 2009 out-of-pocket medical expenses may help the taxpayer meet the 7.5 percent threshold.

A lower than usual income in 2009 may be used to the taxpayer's advantage because the deductibility of medical expenses is based on a percentage of the adjusted gross income, rather than a fixed amount. A lower income automatically lowers the medical expense threshold.

If a higher income is expected next year and Lasik will take the taxpayer over the 7.5 percent threshold this year, but not next, consider getting Lasik before the end of 2009.

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