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Any amounts spent for these improvements that increase the value of your home cannot be claimed as a medical related expense.
Improvements to a home that does not increase the home’s value, if the main purpose is medical care. An example is constructing an entrance or exit ramps, remodeling a bathroom to accommodate a disability.
Internal Revenue Service Publication 502 provides that you can include as medical expenses amounts you pay for special equipment installed in a home, or for improvements, if the main purpose is medical care for you, your spouse or your dependent.
https://www.irs.gov/publications/p502/ar02.html#en_US_2016_publink1000178902
First-time claimers of the Residential Energy Efficiency Tax Credit can get as much as $500 back for qualifying installations in 2016.
https://energy.gov/energysaver/articles/these-13-home-energy-tax-credits-expire-2016
Any amounts spent for these improvements that increase the value of your home cannot be claimed as a medical related expense.
Improvements to a home that does not increase the home’s value, if the main purpose is medical care. An example is constructing an entrance or exit ramps, remodeling a bathroom to accommodate a disability.
Internal Revenue Service Publication 502 provides that you can include as medical expenses amounts you pay for special equipment installed in a home, or for improvements, if the main purpose is medical care for you, your spouse or your dependent.
https://www.irs.gov/publications/p502/ar02.html#en_US_2016_publink1000178902
First-time claimers of the Residential Energy Efficiency Tax Credit can get as much as $500 back for qualifying installations in 2016.
https://energy.gov/energysaver/articles/these-13-home-energy-tax-credits-expire-2016
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