Ask an AI Accountant
A free tool by
Question
What do I do about hospital bills I paid for an injury while I was working as a dog walker with Wag?
AI accountant’s answer:
If you incurred hospital bills due to an injury while working as a dog walker for Wag, you may be able to deduct these medical expenses on your tax return, subject to certain limitations. Assuming you are an independent contractor, these medical expenses would not be a business expense on your Schedule C but could be reported as an itemized deduction on Schedule A.
The deduction for medical expenses is allowed for expenses that exceed 7.5% of your adjusted gross income (AGI). You need to itemize your deductions to claim medical expenses, and itemizing only makes sense if your total itemized deductions are higher than the standard deduction for your filing status. Note that the IRS only allows deductions for unreimbursed medical expenses, so if any part of your medical expenses was reimbursed, you can't deduct that portion.
Please consult a tax professional to understand how this specifically applies to your tax situation and to ensure you are following the current tax rules and regulations.
Keeper’s AI Accountant
Track and claim every eligible deduction with Keeper
Keeper is the top-rated all-in-one business expense tracker, tax filing service, and personal accountant.