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

Depreciation recapture

An amount of gain on the sale of certain depreciable property that is treated as ordinary income in the case of personal property. Recapture is computed on Form 4797.

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