Adderall and ADHD medication
$30-$300/mo
Is Adderall and ADHD Medication Tax Deductible?
Short answer: Yes when prescribed: Adderall and ADHD medication is a deductible medical expense (and HSA/FSA eligible) if prescribed to treat a diagnosed condition like obesity or diabetes.
It counts toward the medical deduction only above 7.5% of AGI and only if you itemize. Purely cosmetic use doesn't qualify.
Records to keep: Keep the receipt or invoice and an estimate of business-use percentage.
Adderall and ADHD medication
Typical range: $30-$300/mo
Individuals / Personal Taxes
Yes when prescribed: Adderall and ADHD medication is a deductible medical expense (and HSA/FSA eligible) if prescribed to treat a diagnosed condition like obesity or diabetes.
Business justification
Yes when prescribed: Adderall and ADHD medication is a deductible medical expense (and HSA/FSA eligible) if prescribed to treat a diagnosed condition like obesity or diabetes. It counts toward the medical deduction only above 7.5% of AGI and only if you itemize. Purely cosmetic use doesn't qualify.
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- Products & Brands