Medically necessary massages
The rule states that anything that your doctor prescribes as “medically necessary” can be deducted from your taxes.
That means that if your doctor tells you to get therapeutic massages you can keep the receipts and knock that expense off as deductible.
Can you write off a vacation as a business expense?
As long as your trip is primarily used for business purposes, and you are traveling away from your place of business for longer than an ordinary day’s work, you can deduct 100 percent of your transportation costs, such as airfare or mileage.
Is Massage Therapy an allowable medical expense?
Expenses for prescriptions, eye exams and dental work (not including cosmetic work) are eligible medical expenses. Massage therapy is accepted in some provinces but not others. Keep in mind that medical expenses are not deductible in full. The first 3% of your net income is used to calculate the actual claim.
What can you write off as a massage therapist?
As a massage therapist, you’ll also be able to deduct a variety of other ongoing costs, including:
- renting an office, studio, or spa space.
- associated costs with the space, like electricity and water bills.
- cost of supplies like massage oils, lotions, and aromatherapy.
- legal costs, accounting fees, and tax preparation fees.
Can I claim Internet as a business expense?
To claim Internet service as a business expense deduction, the Internet service must be ordinary and necessary in the course of the business. Only the portion of business-related activities on the Internet are deductible.