Obesity tax deduction, Obesity IRS, IRS Medical expense, Tirzepatide, Semaglutide, Wegovy, Ozempic, Mounjaro

IRS Obesity Tax Credit: Save on Obesity Treatment Costs

Written by: Linda Moleon

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Published on

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Time to read 5 min

Introduction

Managing obesity often involves significant expenses, especially when treatments aren’t covered by insurance. Obesity can lead to serious health issues, and the IRS recognizes obesity as a disease. If you’re paying out-of-pocket for obesity medications or treatments, this tax credit can help reduce your financial burden. Here’s what you need to know about eligibility, how to take advantage of this credit, and how Body Good Studio can support you in the process.


5 Key Facts About the IRS Tax Deduction for Obesity Treatment

IRS Tax Deduction for Obesity Treatment: The IRS classifies obesity as a disease, allowing certain obesity-related weight-loss expenses to be tax-deductible. 

Eligible Expenses : Tax-deductible expenses may include prescription medications, weight-loss programs, and physician-prescribed treatments for obesity.

Qualification Criteria : To qualify, medical expenses must exceed 7.5% of your adjusted gross income (AGI), and treatments must be deemed medically necessary by a healthcare provider.

Steps to Claim the Deduction : Itemize deductions using IRS Schedule A, keep detailed records (receipts, prescriptions, diagnosis), and consult IRS guidelines for clarity.

Support from Body Good Studio : BGS offers expert guidance, tailored weight-loss plans, and assistance in navigating tax benefits for GLP-1 medications and obesity treatments.

Obesity tax deduction, Obesity IRS, IRS Medical expense, Tirzepatide, Semaglutide, Wegovy, Ozempic, Mounjaro

Note:

Expenses for general health improvement or weight loss without a diagnosis of obesity are not deductible .

For more information, refer to  IRS Publication 502 .

What Is the IRS Obesity Disease Tax Credit?

The IRS allows taxpayers to deduct qualified medical expenses related to obesity treatment that exceed 7.5% of their adjusted gross income (AGI) . Since obesity is classified as a disease, costs related to its treatment may qualify for this deduction, provided they are deemed medically necessary.


What Expenses Are Eligible?

  • Weight-Loss Programs: Programs prescribed by a healthcare provider specifically to treat obesity.

  • Prescription Medications: Medications prescribed to manage weight loss as part of an obesity treatment plan.

  • Nutritional Counseling: If part of a physician-recommended plan for treating obesity.

  • Other Related Expenses: Additional costs like lab tests or medical monitoring directly linked to obesity management.

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Who Is Eligible?

To qualify for the obesity tax credit:

  1. You Must Have a Medical Diagnosis of obesity: A healthcare provider must diagnose you with obesity and recommend treatment.

  2. Qualified Expenses Must Be Related to Treatment: Only costs directly tied to medically necessary treatment qualify.

  3. Medical Expenses Must Exceed 7.5% of Your AGI: Only the amount above this threshold is deductible.

How to Claim the Tax Deduction

Step 1: Itemize Your Deductions

You’ll need to forgo the standard deduction and use Schedule A (Form 1040) to itemize your medical expenses.


Step 2: Keep Detailed Records

Maintain documentation such as:

  • A physician’s diagnosis.

  • Receipts and invoices for eligible expenses.

  • Prescription details for medications or treatments.

Step 3: Calculate Your Deduction

Add up your total medical expenses and subtract 7.5% of your AGI. The remaining amount is what you can claim as a deduction.

For detailed guidance, consult the  IRS Topic No. 502.

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How Body Good Studio Can Help

At Body Good Studio, we specialize in supporting individuals through their obesity treatment journey. Here’s how we can assist:

  • Comprehensive Care Plans: Our team provides personalized plans, including weight-loss medications and programs tailored to your specific needs.

  • Financial Guidance: We help you understand how to take advantage of the IRS obesity tax deduction and navigate insurance coverage options.

  • Trusted Support: As a telehealth platform, we connect you with experienced healthcare providers and pharmacists who prioritize your health and safety.

Take Control of Your Health and Finances

Take Control of Your Health and Finances

Obesity treatment can be life-changing, but it doesn’t have to break the bank. By leveraging the IRS obesity disease tax credit and working with trusted providers like Body Good Studio, you can make effective care more affordable. Contact us today to explore your options and start your journey toward better health and financial peace of mind.



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Conclusion

In conclusion, managing obesity can be financially challenging, but with the IRS recognizing obesity as a disease, the opportunity to claim tax-deductible medical expenses can significantly ease the burden. Taking advantage of this tax credit can make effective treatments, like those offered at Body Good Studio, more accessible. At BGS, we are committed to helping you achieve your weight loss and health goals by providing expert care, GLP-1 medications, and tailored solutions that fit your lifestyle and budget. Whether you're navigating insurance or seeking self-pay options, our team is here to guide you every step of the way. Take control of your health and finances with the support of Body Good Studio—your trusted partner in sustainable weight loss.

Dr. Linda Moleon

The Author: Dr. Linda Moleon, MD

About the Author

Dr. Linda Moleon is a double board-certified Obesity Medicine Specialist and Anesthesiologist, as well as the founder and CEO of Body Good Studio. Passionate about empowering others, Dr. Moleon shares her expertise in weight loss while navigating her own journey toward better health. Through Body Good Studio, she strives to create a safe, supportive space where members can take charge of their weight loss on their own terms. Dr. Moleon understands the challenges firsthand and is committed to helping others achieve their goals with compassion and evidence-based care.

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Frequently Asked Questions

What is Body Good Studio (BGS)?

Body Good Studio (BGS) is a telehealth platform specializing in weight loss care using injectable GLP-1 medications like Semaglutides and Tirzepatides.

What are GLP-1 medications?

GLP-1 medications are weekly injectable treatments that help regulate blood sugar levels and support significant weight loss by reducing appetite and increasing feelings of fullness.

Who is eligible for the BGS weight loss program?

The BGS program is available to adults aged 18 and older who are not pregnant, breastfeeding, or diagnosed with type 1 diabetes.

What medications does BGS offer?

BGS offers Semaglutide and Tirzepatide medications, including compounded options, as well as brand-name options like Wegovy, Ozempic, and Mounjaro.

Are the medications covered by insurance?

Yes, insurance may cover medications like Wegovy, Ozempic, Mounjaro, or Zepbound, but approval depends on your health insurance provider. Compounded medications are self-pay only.

What are the side effects of GLP-1 medications?

Common side effects include nausea, vomiting, diarrhea, constipation, and fatigue. These are usually mild and subside as your body adjusts.

How do I sign up for the BGS program?

You can sign up by visiting the BGS website, completing a health consultation, and selecting your desired weight loss program.

What payment options does BGS accept?

BGS accepts payments via FSA, HSA, PayPal, and credit/debit cards. PayPal’s 'Buy Now, Pay Later' option is also available.

What is the difference between Semaglutide and Tirzepatide?

Tirzepatide is more effective, with a 22% body weight loss compared to 15% for Semaglutide. It also typically has fewer side effects.

Does BGS offer support after the weight loss program?

Yes, BGS offers maintenance programs that include oral medications or microdosed GLP-1 injections to help sustain weight loss.

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