What medical expenses can I deduct on my annual return?

The Tax Administration Service (SAT) announced that natural persons – those who obtain income from fee, salaries y wagesleasing, business and/or professional activity – can deduct their medical expenses when presenting your Annual statement.

He explained that the personal deductions are expenses that taxpayers They have the right to reduce their cumulative income for the current fiscal year; which – in some cases – allows them to obtain a return of taxes.

The latter, as long as the interested person obtains a balance in favor in your annual return and credit the deductions through invoices and system pay valid or recognized by current law.

“Individuals must submit their annual declaration no later than April 30, to avoid paying fines, surcharges and updates.”

— College of Public Accountants of Mexico (CCPM)

What medical expenses can I deduct?

The SAT reported that the expenses doctors that can be deduced in the Annual statement son:

• Medical feesdental, psychological or nutritional.
• Bills hospitable.
• Medicines included in invoices of hospitals.
• Fees to nurses.
• Analysis or Clinical studies.
• Prosthesis.
• Purchase or rental of devices for restoration or rehabilitation of the patient.
• Optical lenses graduates.
• Premiums for insurance of medical expenses.

What requirements are there to deduct medical expenses?

The SAT indicated that there are three requirements to validate and deduct your medical expenses in your annual declaration:

1. These expenses are deductible for the taxpayer or, where appropriate, for relatives direct: spouseconcubine, parents, grandparents, children y grandchildrenwho have not received income greater than salary annual minimum.
2. Expenses must be supported for invoices issued by people with title professional and have been paid through cheque nominative, transfer electronics or card of credit, debit or services.
3. Expenses for health derivatives of disabilities o disabilities greater than 50% of the normal capacity, as long as there is the certificate or the corresponding certificate, issued by the public institutions of the National Health System.

Where can I resolve doubts?