Resource for Families: Could Educational Therapy Qualify for Tax Benefits?
Could educational therapy expenses qualify for tax deductions? Many families may not be aware that, under certain conditions, the IRS allows deductions for educational therapy as a medical expense. Understanding the requirements—such as physician recommendations and income thresholds—can help families make informed financial decisions. Learn what qualifies, how to navigate HSAs and FSAs, and what steps to take next. Read more to see if your family could benefit from this potential tax advantage!