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Yes, if water therapy is prescribed by your physician to treat a medical condition. If the hot tub is a permanent addition to your home, and increases the value of the home, you would have to reduce the deduction by the amount of the increase in value. See page 6 of IRS Publication 502.
See the answer below for additional information: https://ttlc.intuit.com/replies/5740214
Yes, if water therapy is prescribed by your physician to treat a medical condition. If the hot tub is a permanent addition to your home, and increases the value of the home, you would have to reduce the deduction by the amount of the increase in value. See page 6 of IRS Publication 502.
See the answer below for additional information: https://ttlc.intuit.com/replies/5740214
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