Are braces deductible?

Answer On One Hand: Braces Are DeductibleThe cost of braces for yourself, your spouse and your dependents are deductible as a medical expense on your federal tax return if you file Form 1040A and itemize ... Read More »

Top Q&A For: Are braces deductible

Are braces deductible under hsa?

Technically speaking, since an HSA is funded with pre-tax dollars, nothing under an HSA is deductible. That being said, according to the IRS, the cost of getting braces can be reimbursed by withdr... Read More »

What is the minimum deductible for high deductible health plans?

The minimum deductible for a high deductible health plan is $1,200 for an individual and $2,400 for families in 2010 and is set by the U.S. Department of the Treasury. This is up from $1,150 and $2... Read More »

If you have an accident before the deductible is lowered but the claim is not filed until after which deductible applies?

Answer The deductible at the time of the accident not the time of claim.

Which is better 500 deductible or 1000 deductible?

Answer It depends. If you plan on having a lot of claims against the insurance, 500 deductible is a better deal. If you only want the insurance to protect you from MAJOR disasters that don't usuall... Read More »