What is the tax statement provided by medical insurance providers for reporting medical expenses?

February 10, 2010 - 7:06 am

I need to know the name/number of the year-end statement that medical insurers provide for reporting medical expenses for tax purposes. I don’t know if my provider automatically sends time out via snail mail, or just makes them available online and I need to know the form to find out.
The insurance provider I had last year (I’ve switched jobs since) provided a statement outlining everything we paid out of pocket. Maybe it was specific to them and I assumed it was a tax form.

There is none. It’s up to you to assemble the bills and proof of payment from your personal records. Insurance companies do not provide statement, either. Only your actual out-of-pocket expenses paid are reportable. What the insurer paid to providers is not.

2 Responses to “What is the tax statement provided by medical insurance providers for reporting medical expenses?”

  1. William Says:

    There is none. It’s up to you to assemble the bills and proof of payment from your personal records. Insurance companies do not provide statement, either. Only your actual out-of-pocket expenses paid are reportable. What the insurer paid to providers is not.
    References :
    IRS Publication 502

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