Yes! The cost of hearing aids is deductible as a medical expense on your federal income taxes. According to irs.gov, you may also include batteries, repairs and maintenance costs.
Another way to get some tax relief is to donate your older hearing aids to a qualified charitable organization that provides hearing aids to people who are unable to afford them. Contact us for donation forms. Discuss any tax deduction questions with your professional tax advisor.
Do you have a Flexible Spending Account, Health Savings Account or Health Reimbursement Account? Autumn is the perfect time to plan your end-of-the-year medical spending.
Call us if you are thinking about upgrading your hearing instrument technology.
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