is this a whole house generator or can it only be used with the CPAP and pacemaker monitor?
You can include in medical expenses amounts you pay for
special equipment installed in a home, or for improvements,
if their main purpose is medical care for you, your
spouse, or your dependent. The cost of permanent improvements
that increase the value of your property may
be partly included as a medical expense. The cost of the
improvement is reduced by the increase in the value of
your property. The difference is a medical expense. If the
value of your property isn't increased by the improvement,
the entire cost is included as a medical expense.
example
1. Enter the amount you paid for the home improvement . . . . . . . . . . . . . . . . . . . . . . . . . . . $25,000
2. Enter the value of your home immediately after the improvement . . . . . . . . . . . . . . . .$450,000
3. Enter the value of your home immediately before the improvement . . . . . . . . . . . . . . . $440,000
4. Subtract line 3 from line 2. This is the increase in the value of your home due to the
improvement . . . . . . . . . . . . . . . . . . . . . . . . . . $10,000.
• If line 4 is more than or equal to line 1, you have no medical expenses due to the home
improvement; stop here.
• If line 4 is less than line 1, go to line 5.
5. Subtract line 4 from line 1. These are your medical expenses due to the home
improvement . . . . . . . . . . . . . . . . . . . . . . . $15,000
