"Herb Smith" wrote
>> I doubt that any of the "improvements" listed would increase the
>> market value of the residence, so they all should be deductible as
>> medical expenses. Don't forget to add grab bars you mount on the wall
>> for assistance. Check with an appraiser for a more definitive answer. >>
>> The IRS's position is stated in Pub 502, which can be downloaded and
>> read atformatting link
> Medical expenses are deductible only on Schedule A, subject
> to a 7.5% of AGI floor, so only the expenses that exceed
> that floor get to count, and then if when combined with all
> other itemized deductions they exceed the standard deduction
> amount.
The 7.5% of AGI floor is the reason that it is best to pay for them through a health care or flexible spending account.
If that is not possible, consider paying for them with a Home Equity loan, i.e., the interest is deductible.
Dick