Are Hearing Aids Tax Deductible?
“Can I deduct medical expenses?” It’s a commonly asked question, and rightfully so! Although deductions can initially seem complex, understanding how they work can lead to savings come tax season.
Let’s look at how deductions and medical expenses work together and how hearing aids factor into the equation.
In this article, we’ll answer the following questions:
- Are medical expenses tax deductible?
- Are hearing aids tax deductible?
- Are hearing aid batteries tax deductible?
- How do I claim hearing aids on my taxes?
- Is there a hearing loss disability tax credit?
Are Medical Expenses Tax Deductible?
Yes, medical expenses, such as those incurred from an audiologist or hearing clinic, can be tax deductible if they meet specific criteria set by the IRS. If your total qualified medical expenses are more than 7.5% of your adjusted gross income (otherwise known as AGI) in a given tax year, you may be able to deduct the amount above that threshold when itemizing.
For example, if your AGI is $50,000, you could only deduct medical expenses that exceed $3,750.
Qualifying medical expenses can include, but aren’t limited to:
- Doctor visits to an Audiologist, ENT Doctor, Hearing Instrument Specialist, or Otolaryngologist
- Hearing aids and batteries!
- Prescription medications
- Dental and vision care
- Mental health services
- Long-term care services
- Health insurance premiums (if not reimbursed by an employer)
Are you a senior? Learn more about hearing insurance for seniors and how your needs may change over time!
Yes, hearing aids can be a tax deduction, provided you meet the requirements. That’s because, as mentioned above, the IRS considers hearing aids a medical expense.
Learn what goes into the cost of hearing aids and other ways to save.
Hearing aid batteries might be tax deductible, providing you quality for the deduction. Beyond batteries, you may also be able to claim:
- The cost of prescription hearing aids (including behind-the-ear, in-the-ear, and receiver-in-canal styles)
- Hearing aid accessories
- Hearing exams and audiologist visits
- Hearing aid repairs and maintenance
- Assistive listening devices (ALDs)
- Hearing-related medical treatments prescribed by a doctor
Check Your Insurance Benefits for Hearing Aids
Check my benefitsHow Do I Claim Hearing Aids on my Taxes?
To maximize your potential deduction, follow these guidelines
- Keep receipts that relate to your hearing aids and other relevant medical expenses.
- Track your medical costs, including doctor visits and prescriptions.
- Itemize deductions on Schedule A (Form 1040) rather than taking the standard deduction.
- Talk to a tax professional. They can help make sure you meet IRS requirements.
Other Ways to Save on Hearing Aids
If you don’t qualify for a tax deduction, there are still ways to save on hearing aids:
Is There a Hearing Loss Disability Tax Credit?
Currently, there is no hearing loss disability tax credit. However, there are opportunities to help offset the costs of hearing aids, medical treatments, and assistive devices.
If hearing loss significantly impacts your ability to work, you may qualify for Social Security Disability Benefits (SSDI or SSI) or state-level assistance programs.
Your Hearing Health Matters
Tax laws can be complex, so checking with a professional is usually a good idea. They’ll help make sure you have the necessary paperwork to get as much savings as you can.
Want to learn more about hearing aid coverage and savings options? Amplifon Hearing Health Care is here to help. Learn more about our white glove hearing benefits designed to prioritize your comfort and hearing health.
Start your journey to better hearing with Amplifon
-
8,800+ National providers
-
Average of 68% off MSRP*
-
60-day risk-free trial**
-
Free follow-up care**
Restore the sounds of your life today!
Use our online tool to check your benefits, and connect with a local provider.
We appreciate you reaching out to us.
Our hearing care advocates will call you shortly and help answer all your questions.*Based on 2024 internal pricing analysis. Your savings may vary.
**Care package details vary by plan. Exclusions and limitations may apply. Separate care packages may be available through your provider. These care packages are not included in your Amplifon benefit and may result in additional out-of-pocket cost. Contact Amplifon (888-713-7659) for details.
Good hearing matters