How do I deduct gym membership tax deductible on my taxes?
Gym membership fees are typically considered personal expenses and are not deductible on your taxes. However, if a doctor prescribes exercise at a gym to treat a specific medical condition, the cost may be deductible as a medical expense. This deduction is subject to the 7.5% of adjusted gross income (AGI) threshold for medical expenses. For example, if you have a heart condition and your doctor prescribes exercise as part of your treatment, you may be able to deduct the gym membership fees.