I have been gaining weight at a ridiculously speed. My doctor told me to exercise regularly (as you would have guessed). I then bought a treadmill to use at home at around $1200. I am wondering if this purchase is considered tax deductible?
Thanks, pax
I would say no.
Concur.
ChEAr$, Harlan Lunsford, EA n LA
">>> I have been gaining weight at a ridiculously speed. My doctor told me
I gotta side with Harlan and Art on this, at least from what you posted. Normal equipment like this wouldn't usually count.
The exception MIGHT (if I had a larger font that would post to the NG I'd use it) be if it was ordered for a specific issue or situation. For example, if you had an ACL tendon (the tendon that runs down the front of your legs, over your knees I think) surgery and the doctor said that you either rode a stationary bike 3 times a day for the next 6 months or you'd lose the ability to walk - you MIGHT be able to get a deduction for it.
But that is a mighty BIG MIGHT -
Gene E. Utterback, EA, RFC, ABA
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