Submitted By: someone
Answered: November 15, 2017 9:14 pm

My medical costs were paid by the Christian Health Care Ministries Program. Can I deduct these costs?

Christian Health Care Ministries Program is a faith-based cost-sharing program for medical expenses. Payments from the program are treated like insurance reimbursements, so because your medical expenses have been covered, you have no out-of-pocket costs to deduct.

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Tax Glossary

Trust

An arrangement under which one person transfers legal ownership of assets to another person or corporation (the trustee) for the benefit of one or more third persons (beneficiaries).

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