In the year you finance or pay cash for your Gastric Band surgery, you may be eligible to receive thousands of dollars back in potential tax savings. IRS Publication 502 states you can deduct your medical and dental expenses when they total more than 7.5% of your Adjusted Gross Income (see IRS publication 502, page 2 -- Click Here to View the Tax Document). Check with your accountant or tax advisor for more information. Remember, tax and financial circumstances are different for each person and the laws are constantly changing. This information should be not be considered financial advice or used as a substitute for the advice of an accountant or tax advisor. Seek financial advice from a professional for any questions you have. |
The gastric band is a restrictive operation used for weight loss. The gastric band is made of silicone and is placed around the stomach near the upper end, creating a small upper pouch and a narrow passage into the larger lower portion of the stomach. The effect of the inflatable band is to trick your body's hunger drive into thinking that you are full.The gastric band has an adjustable inner-collar
