Are Braces Tax Deductible? Understanding the Tax Implications of Orthodontic Expenses
Thanks to Pierre Fauchard, the father of modern dentistry, braces have been in existence now for the best part of 300 years.
There’s often a great deal of confusion when it comes to the realm of taxes and deductions. One question that frequently pops up is, “Are braces tax deductible?” Let’s break it down in an easy-to-understand table.
| Expense Type | Is it Tax Deductible? |
|---|---|
| Medical and Dental Expenses | Yes, if they exceed 7.5% of your adjusted gross income |
| Braces as a Medical Expense | Potentially, as they are considered a dental expense |
| Braces for Cosmetic Reasons | No, cosmetic procedures are not deductible |
In simple terms, if braces are deemed a necessary medical expense, they can be tax deductible. However, if they are purely for cosmetic reasons, they are not. The situation can vary, so it’s always best to consult with a tax professional.
