Tuesday, November 8, 2011

Medical bill write off?

I owe 2,200 in medical bill, it was sent to a collection agency which whom i have a payment plan with. They keep calling me to give me a lower payoff , and last week they told me that If i pay it off I can use it as a write off in my income taxes..., Is this true? and will it benefit me? I will pay them either installments even if it takes me years, they reported my debt to the credit report..and overall I just want to get rid of it. Can anyone help me understand of the income tax benefit?... thanks a bunch

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