If the reporter cashed the check for the month of death (and any later months), do not ask for a refund. Advise the reporter that the Treasury Department (TD) may request the funds back from the bank that cashed the check for a period of up to 12 months from the month that SSA learns of the death.
For example, if 5% of your non-Roth IRA are non-deductible contributions, then 5% of the conversion amount must be non-deductible contributions, and the rest must come from the deductible contributions, including earnings and rollover contributions.
Expenses for special schools for disabled individuals are eligible for the medical expense write-off as well. Donât forget to include the cost of insulin and prescription drugs â but note that over-the-counter (OTC) medicines are not deductible.Perhaps somewhat surprisingly, OTC equipment and supplies can be deductible, however. Other deductible medical expenses include: 1  Contact lenses and laser surgery. 2  Crutches.onât forget to include the cost of insulin and prescription drugs â but note that over-the-counter (OTC) medicines are not deductible. Perhaps somewhat surprisingly, OTC equipment and supplies can be deductible, however.