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

By Marc Sevitz · Updated

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 ?

TaxTim Marc

TaxTim Marc said:
24 August 2014 at 18:43

Tax deductions for Out of Pocket expenses must be put under source code 4020 on the income tax return.