We are in a complicated dispute over an old hospital bill. We will end up paying something, though it's not at all clear how much. If we pay now, I assume it would be a deductible medical expense. If they went to court and got a judgement against us, would that payment still be deductible? Would it be different if we 'settled' with them after they filed their claim? Thanks, George
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"George" wrote
It all sounds like a medical expenses, with exceptions for your legal costs, so deduct away if you have to pay something.
-- Paul Thomas, CPA snipped-for-privacy@bellsouth.net
It seems to me that what you pay the hospital is a medical expense. If it goes to court, and the judge rules "Pay the hospital $5000, pay $1000 court costs, and pay the hospital's lawyer $10,000" then only the $5000 to the hospital is a medical expense. Seth
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