FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

This field is hidden when viewing the form

Source

How can we help you?

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Comments

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

non recoverable medical costs

Are non-recoverable medical expenses,
in my case I am referring to the cost
of prescription medicines, deducted from
any monthly surplus income in the same way that non-discretionary expenses/medical conditions expenses are ?

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “non recoverable medical costs”

A licensed trustee said...

There’s a simple test you can use to determine whether or not a medical expense will be considered a non-discretionary deduction: can you claim the expense on your income tax return?

For example, prescriptions that you have to pay for (and are not re-imbursed for) may be claimed on your tax return therefore your trustee will allow them as a deduction.

Vitamins, unless prescribed, are not tax deductible and therefore will not be accepted by your trustee.

If you are uncertain about a specific expense, ask your trustee.