Well, I got a reimbursement from my employer for a conference I went to. This brings my Conference Challenge amount to $516.00.
I have already decided that when I get my reimbursement for the conference I am going to, I will use however much it takes to wipe out the rest of hospital debt #1. Woo-hoo! The rest of the reimbursement I want to hang onto in a special account for the conference I go to in 2010.
Conference Challenge Addition
November 4th, 2008 at 12:57 am
November 4th, 2008 at 01:13 am 1225761185
If you know your AGI, multiply by 7.5% (for example 50k*7.5% is $3750). Any medical expenses above $3750 are deductable on the tax return.
I see you have $3000 of medical expenses, if your AGI is less than 40k you could possibly deduct them (and save even more money) if the bills were paid in the same tax year.
November 4th, 2008 at 01:25 am 1225761957
November 4th, 2008 at 12:43 pm 1225802599
November 4th, 2008 at 02:04 pm 1225807485