You have a heart ailment. On the advice of your doctor, you install an elevator in your
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You have a heart ailment. On the advice of your doctor, you install an elevator in your home so you will not have to climb the stairs. It costs $15,000 to install the elevator. The elevator has a 20-year life and increases the fair market value of your home by $3,000. What is the medical deduction for the elevator assuming the 10 percent floor has been met?
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Related Book For 
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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