Do I deduct healthcare expenses the year financed or the year paid? and Vienna Trip - Property, Finance & Investment and Real Estate

Do I deduct healthcare expenses the year financed or the year paid?

I've financed a lot of dental and orthodontic work. I used Care Credit for the dental, and Chase Health Advance for the orthodontic. I started making payments on them last year.

On my taxes, do I deduct it all in last year's taxes because the dentist and orthodontist got their money already, or do I deduct only the amount that I've paid to the finance companies already?

Thanks in advance for informed answers.


Finance best answer:

Answer by Judy1
The year paid - and only the part that is for principal, not any interest.

If you put them on a credit card though, the bill is considered paid as of the date you put it on the card.

Finance

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