Can you deduct personal therapy as business expense?

[AJJ]

I am a clinician in private practice. I am in therapy myself and want to know if I can deduct the monies I spend as a business expense. If you deduct your personal therapy expenses, do you deduct it as medical expense or under another category?

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[cara susanna]

I honestly don't know, but I doubt that you can.

 

[deleted462159]

I'm pretty sure you can, since people deduct health insurance and medical expenses. Let's see.

http://www.irs.gov/taxtopics/tc502.html

"Deductible medical expenses may include but are not limited to: Payments of fees to doctors, dentists, surgeons, chiropractors, psychiatrists, psychologists, and nontraditional medical practitioners"

 

[PsychPhDone]

i'd lump that into medical expense, not business expense.

note: i know practically nothing about taxes.

 

[paramour]

I'm pretty sure you can, since people deduct health insurance and medical expenses. Let's see.

http://www.irs.gov/taxtopics/tc502.html

"Deductible medical expenses may include but are not limited to: Payments of fees to doctors, dentists, surgeons, chiropractors, psychiatrists, psychologists, and nontraditional medical practitioners"

Yes, people do it for medical expenses. OP was asking about business expenses. A whole 'nother thing entirely.

i'd lump that into medical expense, not business expense.

note: i know practically nothing about taxes.

Agreed here.

 

[Doctor Eliza]

I know of one psychologist (my former supervisor) who would always do that. I personally have only deducted it as a medical expense but I have never looked into doing it as a business expense. I know very little about taxes.

Dr. E