Deductions & credits

@VolvoGirl 

Looks like it, I must have been focusing more on the headline, which says it is his parent‘s home.

 

@pleblanc1 

If you live in the home as your residence, and you are the person who pays for the installation, you can claim the credit. You don’t have to own the home, just live there.

 

There is a certain amount of legal and financial risk if you pay for improvements to a home that you don’t own. You need to be aware that under some circumstances, your parents might be forced to sell the home to pay for certain types of long-term medical care under the Medicaid program. I strongly recommend that you contact an elder law/estate planning firm to discuss how you and your parents can prepare for medical care and other expenses if their health declines, so that you can preserve the home and other assets, so that you can inherit them instead of being forced to sell them to pay for medical care.