IRS: COVID-19 PPE Tax-Deductible

In HealthDay News, OBGYN & Women's Health
by Healthday

The government agency says that eligible deductions include PPE bought since Jan. 1, 2020

MONDAY, March 29, 2021 (HealthDay News) — Faces masks, hand sanitizer, and disinfecting wipes are among the types of COVID-19 personal protective equipment (PPE) that Americans can deduct as a medical expense when filing taxes this year, the Internal Revenue Service says.

Deductions are allowed for purchases of COVID-19 PPE for use by an individual taxpayer, their spouse, or dependents that are not covered by insurance if total medical expenses exceed 7.5 percent of adjusted gross income, CBS News reported.

Eligible deductions include PPE bought since Jan. 1, 2020, according to the IRS.

It also said that purchases of PPE are eligible to be paid or reimbursed under flexible spending plans and medical savings accounts, but would then not be eligible as a tax deduction, CBS News reported.

CBS News Article

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