in Education
3288747
You'll need to sign in or create an account to connect with an expert.
Walk-in tubs can be tax deductible.
"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."
Medical Expenses are subject to the 7.5% rule and you can only claim the excess over 7.5% of your Adjusted Gross Income as an Itemized Deduction.
To Claim Medical Expenses:
IRS Pub. 502 - Medical and Dental Expenses (pages 5-6)
I saw something on the news a few days ago that said items such as this are a deductible medical expense "ONLY" if prescribed by a medical professional. It was also stated that if it is deducted as a medical expense, then in can not be added to the cost basis of the property it gets installed in.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ericbeauchesne
New Member
in Education
user17522839879
New Member
ashfozz
New Member
NY taxpayer
New Member
cmallari
New Member