I am going to have laser eye surgery to correct my vision. Is the cost deductible? (K.T., McLean, VA)
Yes, but you want to get this cost into your tax return where it is for sure going to produce a benefit. As a personal medical deduction, you may or may not get the benefit because of the 7.5% floor (10% for the alternative minimum tax). Also, if you currently do not itemize your deductions, the surgery cost ... Log in to view full article.