Unemployed but paying medical aid contributions. Tax implications?

  Written by Marc   Posted 1 October 2014

Hi Tim. I worked for 2 months in the 2014 YOA. I then left work upon the birth of my child. I am the principal member of our family's medical aid (myself, husband and child) and the contributions are paid from my bank account. Since I left work, my husband transfers money into my bank account for the payment of the medical aid. Do I claim this on my tax return even though I am not employed? Should my husband claim it even if the policy is not in his name? I did have income this year so if I clai...

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Received a verification email from SARS - what does it mean?

  Written by Marc   Posted 29 September 2014

I have received a statement of account but I have been selected for verification, how long does this process take?
i submitted supporting documents on the day my tax was submitted via e filing.

it is a rather simple return though as its only my salary and medical aid contributions that come into play.

Do I qualify for medical tax credit?

  Written by Marc   Posted 28 September 2014

My medical aid contribution is R3500 each month for my husband and I. I filled this in next to source code 4040 on the eFiling form but when I save and ask to ' calculate tax' then the source code 4008 medical expenses (total) shows 0.... How does this work, am I doing something wrong or do I not qualify for the medical tax credit??

Is diabetes considered a handicap for medical deductions?

  Written by Marc   Posted 26 September 2014

Is diabetes considered a handicap for medical deductions?

Medical expenses for spouse

  Written by Marc   Posted 23 September 2014

Regarding medical expenses. I'm the primary member and pay for the medical aid and so I put the relevant info and dependents on my return. My wife encountered some individual medical expenses of her own (not claimed from medical aid).
1. Can she put her expenses in her own return under code 4020?
2. What if I paid some of the accounts on her behalf - does it matter?

Can my wife claim our expenses out of pocket, if the medical aid is in my name?

  Written by Marc   Posted 22 September 2014

Good day

Thank for a great site.
I am a public servant and belong to a medical aid. Me and my work contribute to my medical aid on which my wife and children is dependents. My tax certificate from my medical aid is in my name and shows an amount paid out of pocked not paid by medical aid. May my wife claim this amount on her tax return? She earns less than me and will most probably fall over the 7.5%, which means that she will get some of our expenses back?

Most of the...

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May I claim ADHD medication and part time university fees on my tax return?

  Written by Marc   Posted 20 September 2014

Good day Tim

I am not very clued up when it comes to tax affairs.

A brief background. I am employed and and fall into the higher tax brackets if that assists in any way.

My question is :

May I claim my Adhd medication on my tax return, it is approximately R 620.00 a month.

Secondly May I claim my part time university fees on my tax return. This is approximately R18 000.00 a year.

Your response will be greatly appreciated.

Will my tax still be paid out?

  Written by Marc   Posted 17 September 2014

Once my tax was submitted and I've been told by SARS I will be paid out by the 19/09/2014 and they call me to tell me I need to have a medical certificate which I don't have will my tax be paid out if I ignore it or what will happen?

Second IT34 says amount payable by you. Do I owe them or not?

  Written by Marc   Posted 15 September 2014

After a audit the amount that was owed to me, that had a negative, now shows that that same amount is payable by me. Almost had a heart attack. But when I read on. It says that my acc is 0.00. I don't understand why I owe them. I only claimed my cash medical payments. And been paying my tax as I should. How can I owe them. First ITA34 shows -9690.00. Second ITA34 shows 9690 payable by you. I don't have this kind of money. I think something went wrong. If they say 0.00 account in the second parag...

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Compiling supporting documents for medical expenses not covered by medical aid scheme

  Written by Marc   Posted 10 September 2014

I have been asked to submit supporting documents by SARS for verification purposes and I was wondering what the requirement is with regards supporting documents for medical expenses not covered by my medical aid scheme?

On my Income tax certificate from Discovery there are two numbers given. Firstly one number for Contributions during the period and secondly a number for 'Claims not recovered from the Scheme'. I duly included these under the requisite sections when completing my tax return. ...

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Members share of claims paid on the medical aid certificate be included in qualifying expenditure?

  Written by Marc   Posted 9 September 2014

Should the members share of claims paid on the medical aid certificate be included in qualifying expenditure?

Can both employer & employee med aid contribution be used in calculating Add Medical tax credit

  Written by Marc   Posted 9 September 2014

I need to calculate the Additional Medical Expenses Tax credit to be included onto my Provisional Tax Form IRP6 for 01-2015. Half of my medical Contribution is paid by my employer directly to the medical aid and I pay the other half. Must I use both be added together to include in the calculation? Furthermore I have no excess medical fees/expenses. Another problem is that my 7.5% of my taxable income is greater then the medical value subtotal. This results in a negative value for the Addit...

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Check suitability of Tax-Tim format for specific taxpayer

  Written by Marc   Posted 8 September 2014

Please let me know if Tax-Tim Smart deals with 1. ...share portfolios and resultant dividend tax and CGT2. ... portion of medical aid contribution paid by ex-employer, in case of retired person3. ...with state pension received from foreign country

Calculated result for out of pocket medical costs?

  Written by Marc   Posted 8 September 2014

I am getting a 0.00 result when making nmy calculation but had a 21000, unpaid medical costs

If I can only submit a medical certificate without slips when they audit you?

  Written by Marc   Posted 5 September 2014

If I cannot provide all the slips of my medical contributions only the medical certificate what is going to happen?

The amount was wrong of the medical contribution how can I reverse it or make it right?

  Written by Marc   Posted 2 September 2014

My friend's eFiling was completed and she is the main member of her medical scheme with 2 children also on her medical aid. She made a mistake putting the amount in that she pay for the contributions for her medical. It was suppose to be R1 750-00 and I put R17 500-00 I submitt it and then I saw the error, is there any way that she can reverse it?

I owe SARS R0.02 and medical aid didn't pay R1200 can I re-assessed

  Written by Marc   Posted 28 August 2014

I submitted tax and got notification I have amount due for me to pay and I have R 1200 medical aid amount not paid by scheme?

Medical credits incorrect on IRP5?

  Written by Marc   Posted 27 August 2014

Can you please assist me. I have noticed that my medical tax credits on my IRP5 is incorrect. What would the reason be for the different amount on my IRP5? Can I change it to the correct amount according to the number of dependents including me on my medical aid certificate? I am sure if I change it SARS will them audit me, which will be fine as I can provide the medical aid certificate stating the number of dependents.

As an individual and not a company. How many years must I retain my returns and supporting documents

  Written by Marc   Posted 26 August 2014

As an individual and not a company. How many years must I retain my returns, medical aid certificates etc.?
Straight forward no expenses.

May I claim for paying my wife's medical aid?

  Written by Marc   Posted 26 August 2014

I pay my wife's medical aid each month. I transfer the funds to her savings account and the medical aid deducts the premium from her account via debit order. May I claim for these payments on my tax return?

Changing a tax return already filed

  Written by Marc   Posted 25 August 2014

I did not make a claim for medical expenses on my 2013 income tax return which I filed a year ago. I have now discovered that I could have claimed a deduction for medical expenses in excess of 7.5% of my taxable income. Can I change a tax return that has already been submitted to SARS, and if so, how do I do this on eFiling and how is this likely to be viewed by SARS?

Original Amount still owed to SARS after re- submission with medical costs paid

  Written by Marc   Posted 25 August 2014

I want some clarification as I am confused after having spoken to SARS today. I queried the amount they say I owe for my 2013 Tax return. Which I submitted in 2013 and then requested a correction now in July as I had not put in medical aid expenses I paid on my own and the number of members for my medical aid was stated as 1 instead of 2. When I submitted the frst one in 2013 I owed them about R3100- nw after the correction and it been audited they owed me R2700....what surprises me is that th...

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Do I put out-of-pocket medical expenses under 4020 AND/OR 4040 ? I do not belong to a medical aid

  Written by Marc   Posted 23 August 2014

I do not belong to a medical aid and was wondering do I put my out-of-pocket medical expenses under source code 4020 or 4040 ? Because the 4040 code is compulsory if you say yes to " did you incur any medical expenses" and in the other questions you say that it must be put in 4020 ? So must 0 be written under 4040 ?

i have my documents,i want to claim my tax,what do I do now?

  Written by Marc   Posted 21 August 2014

I have got my IRP5 and my medical aid certificate, what do I do now?

DEDUCTIONS DISALLOWED on NET MEDICAL DEDUCTIONS Section?

  Written by Marc   Posted 21 August 2014

After submitting my return this year, I was requested to submit the supporting documents
My Original assessment state: -8076.00 (2 Adults and one child for 10 months and 2 Adults and 2 children for 2 months)
I received the completion letter one week after the completion letter with "no change was made on your assessment".
After 2 weeks from the date I received the completion letter, I received another request to submit supporting documents.
The additional assessment state: 8076.00 Final amount:0 With the reason...

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