11. Smoking Cessation Costs
Honestly… Who would have thought that trying to kick your smoking habit could give you more than just a tough time? Yeah, me neither, yet it’s true! If you decide to participate in a smoking cessation program, the taxman will award you.
Because it is actually considered a medical tax deduction, it includes a wide spectrum of costs, including prescription drugs that are often used to ease nicotine withdrawal. Still, nicotine patches, gum, and other over-the-counter medications are not covered.
Also of interest:
- These 38 States Don’t Tax Your Social Security Benefits
- Here’s How the COVID-19 Pandemic Will Affect Filing Your Taxes
- Why Should You File Your Taxes Early? Here Are 5 Money-saving Reasons!