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Old 02-10-2015, 10:56 PM
NJ Gene NJ Gene is offline
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Join Date: Feb 2013
Posts: 376
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Mike,

Yes, you can deduct 100% of interest on a home equity line of credit. If this is to pay for your medical expenses, you can write off those as well to the extent they exceed 10% of your adjusted gross income.

Let's hope that insurance pays for it. Better to have it covered than paying for it and deducting it.

Best regards,
Gene
__________________
Car Accident 2002 - Small Herniated Disc C3/C4
1998 Larger Herniation and Cervical Fusion C3/C4
2005 Herniation C4/C5 - 40 epidural steroid injections from Oct 2005, - Oct, 2007
2008 - Foraminotomy at C6/C7 on left side
Feb, 2010 - Cervical Fusion C4/C5
Dec, 2010 - Lumbar Fusion L3/L5
2013 - Bulge on C5/C6; herniation C6/C7 right side
Mar 26, 2013 - Foraminotomy at C6/C7 on right side
May 5, 2015 - ADR with Dr Blumenthal of TBI for C5/C6 using Mobi-C
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