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  1. #11
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    NYFamilyOfFiveRoses's Avatar
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    When I am ready to do a pgd cycle, we plan to take a good amount out of the flexible spending account to use for the cycle.
    2003 2006 May 2010 (My VBA2C baby)

  2. #12
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    Thanks for posting this info!!

  3. #13
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    check to see if your healthcare fsa has a limit. Ours was I think 3,000 or 5,000 contribution in one calendar year.
    8/2013

  4. #14
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    mis2ninos's Avatar
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    Quote Originally Posted by nuthinbutpink View Post
    Is it just the amount that exceeds the 7.5% of your income or can you claim the entire amount? So, if the amount is 8% of you income, do you just write off .5% or the entire amount?
    It is the amount above 7.5% of your AGI (income). The deduction goes on Schedule A along with other itemized expenses like mortgage interest, property tax, etc. You will see on the Schedule A form line 3 that you multiply your income by 7.5%. Subtract this number from the amount of your medical expenses and that will be your deduction. So, if your income is $100,000, you can only deduct the amount you spend over $7,500. Hope this helps.

    I'm a CPA
    for just a healthy baby.

    clomid 100mg 3-7 + Ovidrel trigger shot

    ttc since September 2012

    November 2013

    February 2013

  5. #15
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    mis2ninos's Avatar
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    I also wanted to add that not everyone may get this benefit. For example, if you do not have mortgage interest or property taxes to deduct, your greatest benefit may be to use the standard deduction instead of the itemized deduction. For a married couple filing jointly the standard deduction for 2010 was $11,400. So, if you don't have any other itemizing items for Schedule A, you may be better off taking the standard deduction. Using the example from above, say you pay $16,000 for your IVF. If your income is $100,000, your deduction would be $8,500 (16,000 - 7,500). Since this amount is less than your standard deduction of $11,400, you will take the standard deduction and not realize any benefit from paying for IVF. HTH.
    for just a healthy baby.

    clomid 100mg 3-7 + Ovidrel trigger shot

    ttc since September 2012

    November 2013

    February 2013

  6. #16
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    Thanks mis2ninos. Glad to know that we have a CPA on board. Good luck on your cycle.

  7. #17
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    Wow great thread thanks for posting

  8. #18
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    Awesome info!!!
    x2
    EDD July 26th, '12 another

    Still hoping and wishing for a someday...maybe through HT

  9. #19
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    Great posts. For the Australian girls I have info too.
    I contacted our accountant this week and was told that any medical costs over $2000 are tax deductable. You then get 20% of the cost back as a refund. My accountant confirmed that IVF in another country will be tax deductable.
    Australian couple
    Parents to :4:2: Working with Dr Potter at HRC for our HT :or
    Cycle #1 IVF in Australia (MIVF) 2010, ER 22, 18 fertilized, 6 survived to day 2, 1 TF = Chemical. 5 frozen day 2 - poor quality
    Cycle #2 Aug 12 Dr Potter at HRC. ER 13, 10 mature, 9 fertilized, 8 to Day 3 PGD, 1 normal XX TF= BFN.
    http://genderdreaming.com/forum/cycl...e-hrc-bfn.html
    Sperm frozen at HRC so I can cycle alone next time
    Cycle #3 December 12 Dr Potter HRC. Micro dose Lupron flare with GH. Preparation 12 weeks DHEA, acupuncture, chinese herbs, Metformin and extreme low carb diet. 11 eggs, 7 mature, 6 fertilized, 2 to day 5 Natera, both XY HB. NT :-(
    http://genderdreaming.com/forum/cycl...ansfer-28.html
    Cycle #4March 13 Dr Potter HRC. Micro dose lupron Flare with Follistim 450iu & Menopur 300iu & Saizen GH. Continued acupuncture, chinese herbs, low carb diet, Metformin and DHEA. Added fertility yoga. 31 Eggs, 24 Mature, 18 fertilized, 10 to day 5 aCGH, 4 normal Hatched Blasts- 3 XY and 1 XX. TF day 6 fully HB. 7dpd6t BFP.
    Betas 7dpd6t = 134, 10dpd6t= 432, 12dpd6t = 713, 15dpd6t 2000
    Ultrasound planned 15th April

  10. #20
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    Wow! this is awesome if it is! hope its not too good to be true....vickyaust did u ask ur accountant if it matters that you did ivf for gender selection?

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