Gym
Fees as Deductible Medical Expenses
The IRS recently clarified the circumstances under
which a taxpayer may deduct gym fees as medical expenses. As background,
taxpayers can currently deduct expenses paid for medical care to the extent
those expenses exceed 7.5% of their adjusted gross income. Medical care is
defined as those amounts paid for the diagnosis, cure, mitigation, treatment,
or prevention of disease, or for the purpose of affecting a structure or
function of the body.
In its release, the IRS indicated fees paid to
health institutes where the taxpayer exercises are generally personal expenses.
However, these expenses may be deductible as medical expenses when a physician
prescribes the treatments and provides a statement indicating they are necessary
to alleviate a physical or mental defect or illness of the individual receiving
the treatments.
Fees an individual pays for participation in a
weight loss program as treatment for a specific disease (e.g., obesity or
hypertension) that a physician has diagnosed generally are deductible as
medical expenses. However, where a taxpayer participates in a weight loss
program to improve his or her appearance, general health, and sense of well
being, and not for the purpose of curing any specific ailment or disease, the
cost is not a deductible medical expense.