What is the tax statement provided by medical insurance providers for reporting medical expenses?
Joseph asked:
I need to know the name/number of the year-end statement that medical insurers provide for reporting medical expenses for tax purposes. I don’t know if my provider automatically sends time out via snail mail, or just makes them available online and I need to know the form to find out.
The insurance provider I had last year (I’ve switched jobs since) provided a statement outlining everything we paid out of pocket. Maybe it was specific to them and I assumed it was a tax form.
This entry was posted
on Monday, February 1st, 2010 at 12:00 am and is filed under Insurance.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
I need to know the name/number of the year-end statement that medical insurers provide for reporting medical expenses for tax purposes. I don’t know if my provider automatically sends time out via snail mail, or just makes them available online and I need to know the form to find out.
The insurance provider I had last year (I’ve switched jobs since) provided a statement outlining everything we paid out of pocket. Maybe it was specific to them and I assumed it was a tax form.
February 2nd, 2010 at 9:23 pm
There is none. It’s up to you to assemble the bills and proof of payment from your personal records. Insurance companies do not provide statement, either. Only your actual out-of-pocket expenses paid are reportable. What the insurer paid to providers is not. William
February 5th, 2010 at 9:52 pm
I also have issue with my insurance. I posted my problems on wish123 and got an excellent advise from an expert. I highly recommend the website! Alanna