What are common tax deductions for doctors?
Discount Medical Scrubs
I'm a new doctor. Can I deduct my state medical license fee (), my state controlled substances license fee (0), my DEA license fee (0), work related books/literature (0), cost of scrub suits (0), cost of medical equipment like stethoscope (0), and other work-related expenses?? I also paid 5 to take the 3rd step of the USMLE, but my understanding is that is NOT deductible.
Tags: controlled substances, dea license, discount medical scrubs, literature, medical equipment, medical license, new doctor, scrub suits, stethoscope, usmle





October 4th, 2010 at 8:55 am
Of all the items you mention, the scrubs, your work related books and stethoscope could be possibly be deducted.
These added up to $500. If you made more than $25000, none of this will end up increasing your schedule A. If you weren’t itemizing anyway, it’s a moot point.
(As a new doctor, the fees for licensing aren’t deductable. My costs in sitting for the CPA exam weren’t either.)
October 4th, 2010 at 8:55 am
Malpractice insurance. Golf clubs.