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cshearno
New Member

Can home bathroom upgrades to accommodate disabled/handicap occupants warrant a tax credit? If so where on the tax form can this be found?

 
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macuser_22
Level 15

Can home bathroom upgrades to accommodate disabled/handicap occupants warrant a tax credit? If so where on the tax form can this be found?

As an itemized medical deduction.  All medical deductions are first reduced by 10% of AGI and all itemized deductions must exceed the standard deduction before there will be any tax benefit.

Only a part of home improvements can be a medical expense though - see IRS Pub 502, page 6.

https://www.irs.gov/pub/irs-pdf/p502.pdf

Capital Expenses

You can include in medical expenses amounts you pay for special equipment installed in a home, or for improve-ments, if their main purpose is medical care for you, your spouse, or your dependent. The cost of permanent im-provements 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.





**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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macuser_22
Level 15

Can home bathroom upgrades to accommodate disabled/handicap occupants warrant a tax credit? If so where on the tax form can this be found?

As an itemized medical deduction.  All medical deductions are first reduced by 10% of AGI and all itemized deductions must exceed the standard deduction before there will be any tax benefit.

Only a part of home improvements can be a medical expense though - see IRS Pub 502, page 6.

https://www.irs.gov/pub/irs-pdf/p502.pdf

Capital Expenses

You can include in medical expenses amounts you pay for special equipment installed in a home, or for improve-ments, if their main purpose is medical care for you, your spouse, or your dependent. The cost of permanent im-provements 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.





**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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