What is my itemized midedical deduction ( how much)?

veterianarian for my pets $2000
medical transportaion (medical related) $1000
family dentist $3,000
family doctor $5000
hospital surgery $5000
over counter medication $2000
prescribed medications $1,000

Vet bill NIL for pets.

Only allowed if it is an animal trained for coping with an impairment (seeing eye dog, for example)

Over the counter medication: NIL

Medical Transportion: depends...
see: http://www.cra-arc.gc.ca/E/pub/tp/it519r...

In addition, there is a limit.. For 2007, your total expenses have to be more than either 3% of your net income (line 236) or $1,926 whichever is less.

I've given you the link here to last year's guide, but it is for 2006, so the figures won't match.


Are you sure this is a Canadian question? It is odd that you had to pay $5,000 to a Doctor and $5,000 for surgery here in Canada.

you have to be more specific.

dental work is not enough it could be cosmetics which is not deductible. the same is with doctor and surgery.

But if these expenses are necessary to cure or diagnose deseas , total amount considarable for your medical itemized deduction is:
veterenar $0
transportation 1,000
dentist 3,000
surgery 5,000
over the counter depending if it's to cure desease 2,000
prescribed drug 1,000
total considarable amount $12,000
to get actual amount of deduction you have to tell what is your AGI(adjusted gross income). Take 7.5% of your income-this is your floor.
For example: your adjusted gross income(last line of page 1 form 1040) is $100,000. Then your floor is $7,500. If your medical expenses are $12,000, you subtract $7,500. Therefore, your itemized medical deduction is $4,500

Alikmal's comment was based on a US tax situation, since he referred to 1040 tax forms which we don't have in Canada.

You can claim medical expenses for any twelve month period that ends during the taxation year. For example I can claim medical expenses from April 2006 - March 2007.

The veternarian bills for the pets are not tax deductable, nor is the over the counter medications.

Everything else is deductable. If you've received any insurance payouts for these items you must only report the net medical expense (cost of treatment - insurance coverage)

You then slot that into the appropriate line on your tax return to calculate your non-refundable tax credit.