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What is the medical deduction for the elevator

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Reference no: EM132288957

Question - 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?

Reference no: EM132288957

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