Countless people in the United States struggle with weight problems. Each person has a different story and a different path which led them to the same tough place: obesity.
Like any other medical condition, there is no magical cure for obesity. The transformation from an obese individual to a person who is able to maintain a healthy weight and enjoy an active life requires true dedication on the part of the individual, as well as guidance from experienced medical professionals.
As a result, weight-loss journeys can become expensive. Thankfully, obesity is recognized by the tax code as a disease. There are tools out there to help you fight it, and the team at Taxation Solutions, Inc. is on your side to help you determine which aspects of your weight-loss journey are tax deductible.
You may be able to benefit from tax deductions on money paid to lose weight if:
- Weight loss is part of a treatment for a specific disease (i.e. obesity) that has been diagnosed by a physician;
- The money paid is for membership in and/or attendance of weight-loss groups that help the individual shed pounds associated with a diagnosed disease;
- The money went toward food that meets certain guidelines for tax deductibility.
The team at Taxation Solutions, Inc. is ready and able to assist you as you begin your journey toward an improved health status. Weight loss can be a struggle, but we can help you alleviate some of the associated stress by lightening your financial burdens. We have more than four decades of experience with tax code navigation, and we understand how to quickly and accurately assess your situation and help you come out on top.