Leftover IVF meds

Discussion forum for those particularly interested in IVF and embryo transfer including frozen embryo transfer.
Locked
lkmisc
Member
Posts: 32
Joined: Thu Sep 25, 2008 4:35 pm

Leftover IVF meds

Post by lkmisc »

Does anyone know the best way to sell leftover, unopened and unexpired IVF meds? I have Menopur, Follistim, Vivelle and Endometrin. I also have about 10 sealed pregnancy test kits and about 20 sealed ovulation test kits. I would hate for them to go to waste and I really, really could use the money since I had to pay out of pocket for my IVF.
Sponsor
 
AmandaM
Regular
Posts: 312
Joined: Sat Mar 01, 2008 7:24 pm
Location: SC

Post by AmandaM »

Not sure if you can sell them since you don't have a license to. We are donating our leftover to our clinic once we get far enough into the pregnancy.
IVF # 1 Chem preg Beta #1 49 Beta # 2 33
IVF # 2 Chem preg Beta #1 9 Beta #2 22 Beta #3 168
IVF # 3 BFP!! 1st beta - 565 2nd 995 3rd 9,269 It's TWINS!!!!

[img]http://bd.lilypie.com/WJKcm4/.png[/img]
Fluffypuppygal
Regular
Posts: 109
Joined: Mon Sep 08, 2008 4:04 am
Location: Seattle

Post by Fluffypuppygal »

The ovulation and pregnancy kits can be donated to a local free clininc in your area and you can deduct the cost of the kits from your taxes as a charitable donation. (Just get a receipt.)
We are also going to try to claim the IVF costs as a medical expense on our taxes to recoup some of the $$$. If you have or know an accountant, it might be worth your time to talk with them about what you can and can't claim.
I agree that donating the meds to a friend or your clinic is a better idea than trying to sell them. (Too many liabilities!)
AmandaM
Regular
Posts: 312
Joined: Sat Mar 01, 2008 7:24 pm
Location: SC

Post by AmandaM »

If you paid for all the meds you can deduct them as a charitable donation if you do donate them. In order to deduct medical expenses you have to spend more than a certain percentage of your total income. I think it is 10%. So the first 10% of medical expenses are not tax deductible, anything over that is.

If your medical insurance paid for the meds, even if you donate them you can't deduct them, since you didn't pay for the original expenses.
IVF # 1 Chem preg Beta #1 49 Beta # 2 33
IVF # 2 Chem preg Beta #1 9 Beta #2 22 Beta #3 168
IVF # 3 BFP!! 1st beta - 565 2nd 995 3rd 9,269 It's TWINS!!!!

[img]http://bd.lilypie.com/WJKcm4/.png[/img]
JesJes
Regular
Posts: 310
Joined: Fri Mar 23, 2007 6:09 pm

Post by JesJes »

We donated ours back to our clinic. They donate them to people who need them with cancer that cannot afford them. If you spend over 7% of you total gross income you can write off everything over that percent that you spent on medical stuff.
Jessica


[img]http://tickers.TickerFactory.com/ezt/d/2;10723;30/st/20081221/n/Lila+Frances/dt/-3/k/0a8f/age.png[/img]
Locked