Can Your Therapy Sessions be Tax Deducted?

Any related expenses not reimbursed by insurance can help to whittle away your tax liability.  If your insurance doesn’t reimburse, you can try to deduct your mental health sessions as medical treatment including qualifying dependents, spouses or decedents for whom you pay expenses. The psychotherapist’s treatment must be related to treating a physical or mental issue.

Ask your tax professional for more information.