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Old 03-04-2013, 10:37 PM
NJ Gene NJ Gene is offline
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Join Date: Feb 2013
Posts: 376
Default Need to know your specific financial situation

Lillyth,

If you want to PM me, we can discuss your situation in greater detail. If the surgery works out to be more than your income, you will ultimately have taxable income of zero. Then everything that's been withheld from your husband's paycheck for Federal and State (most likely) will come back to you in the form of a refund when you file your 2013 taxes. All I'm saying is a tax deduction is not the same as a tax credit. A deduction reduces your taxable income and can bring you down to a lower tax bracket in many cases. A credit is a dollar for dollar reduction in your tax liability. Share this posting with your CPA and he'll clarify it.
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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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