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 limitation has been met?
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Related Book For 
CCH Federal Taxation 2019 Comprehensive Topics
ISBN: 9780808049081
2019 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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