Paying for medical expenses - from glasses to surgery - can strain anyone’s wallet. On this episode Daniel and Lauren talk with professional gut health coach Chelsea Haines, who shares her experience navigating health insurance as someone living with a chronic illness. She speaks about her decision to drop conventional health insurance and open up a Health Savings Account. Then TurboTax Expert Diana Castro reviews what you need to know about standard deductions versus itemized expenditures, the difference between a flexible savings account (FSA) and a health savings account (HSA), employment status as it relates to health coverage, and medical expenses that are eligible for tax-deduction. Diana mentions the Internal Revenue Service’s Publication 502 that lists all the medical and dental expenses you can deduct at tax time.
The views, information or opinions expressed during the Friends with Tax Benefits podcast series are solely those of the individuals involved and do not represent those of Intuit, TurboTax or any of its brands. The primary purpose of this podcast series is to educate and inform. This podcast series does not constitute financial, legal or other professional advice or services.
The Big What If’s: Ease The Anxiety About Those Tax Scenarios in Your Head
Starting Your Business Right: The tax choice between an LLC and Corporation
When Audits Happen: How Comedian Ed Reggi Got Through His Tax Audit
Scoring Points and Making Bank with Mitchell Pehlke: Student Athlete NIL Deals
Cyberspace Investing: What You Need to Know About Crypto & Taxes
Is Inflation Deflating Your Wallet? Tax Tips From A Rideshare Driver
Where Do I Start? Answers for First-Time Tax Filers
Renovate Your Home Like A Tax Expert
Can I Deduct That? Tax Tricks for Influencers
Tax Tips To Help You With Student Debt
Giving and Getting Back (at Tax Time)
Welcome to Season Two of Friends With Tax Benefits!
So You’re Thinking About Retiring One Day?
So You’re Crossing State Lines?
So You’re Buying a Car?
So You Want To Be Rich?
So You’re Buying a Home?
So You’ve Got Kids?
So You’re Living Together?
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