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Amp power steps, medical deduction?

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Old 09-06-2015, 02:26 PM
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Default Amp power steps, medical deduction?

Hey guys,
I'm thinking about getting the Amp power steps to assist my wife getting in and out of my truck.

My wife has a medical condition similar to MS and uses a walker and wheelchair to get around.
She has a difficult time getting in and out of my truck and the power steps would greatly help as it deploys much lower than the oem steps.

Do you guys think it would be deductible under "medical devices or equipment?
Any thoughts?

Thanks
Old 09-06-2015, 02:30 PM
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Originally Posted by Dacam
Hey guys,
I'm thinking about getting the Amp power steps to assist my wife getting in and out of my truck.

My wife has a medical condition similar to MS and uses a walker and wheelchair to get around.
She has a difficult time getting in and out of my truck and the power steps would greatly help as it deploys much lower than the oem steps.

Do you guys think it would be deductible under "medical devices or equipment?
Any thoughts?

Thanks

I'm no tax expert but logic would dictate yes it could be deducted as such. All the other things "walker, wheel chair, cane etc" are.
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Old 09-06-2015, 02:35 PM
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Get a doctor's recommendation for it.
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Old 09-06-2015, 08:32 PM
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You are aware of this limitation, I hope.

Most people who itemize their deductions can claim deductions for unreimbursed medical expenses, those which are not covered by health insurance, that exceed 10 percent of their adjusted gross income. Previously, the law permitted deductions for unreimbursed expenses in excess of 7.5% of their adjusted gross income.
Old 09-07-2015, 10:35 AM
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Originally Posted by All Hat No Cattle
You are aware of this limitation, I hope.
So, if our total medical expenses exceeds 10% of our AGI including the steps than its possible if her doctor requires it?
Old 09-07-2015, 11:44 AM
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Yes, that's how it works ... you don't get to deduct the first 7.5% of unreimbursed medical expenses, but you DO get to start deducting anything over/above that amount. To keep it simple, see example below:

1. you have $100,000 total income
2. you spent $5,000 in unreimbursed medical expenses

In that instance, you can't claim any of that $5K ...

next example:

1. you have $100,000 total income
2. you spent $10K in unreimbursed medical expenses

Here, you can claim $2,500 against your taxes ... the first $7,500 is out of your own pocket, and you still pay taxes on that money.


This tax law is not meant for people to get a break on normal but expensive medical bills ... it's really intended for those with extreme hardships where they are spending ridiculous amounts of money on medical expenses.
Old 09-07-2015, 12:36 PM
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Originally Posted by Wiggum
Yes, that's how it works ... you don't get to deduct the first 7.5% of unreimbursed medical expenses, but you DO get to start deducting anything over/above that amount. To keep it simple, see example below:

1. you have $100,000 total income
2. you spent $5,000 in unreimbursed medical expenses

In that instance, you can't claim any of that $5K ...

next example:

1. you have $100,000 total income
2. you spent $10K in unreimbursed medical expenses

Here, you can claim $2,500 against your taxes ... the first $7,500 is out of your own pocket, and you still pay taxes on that money.


This tax law is not meant for people to get a break on normal but expensive medical bills ... it's really intended for those with extreme hardships where they are spending ridiculous amounts of money on medical expenses.
Except now the percentage is 10%.


It is best to get a doctors recommendation/script. IRS could deny it without the doctors "note". That would only happen of course if you get audited.
Old 09-07-2015, 02:08 PM
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Or just buy them and call it done.
Old 09-07-2015, 02:20 PM
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Im definitely going to buy them, just wondering if I could justify the deduction.
We are building a new home this year as well and will be widening all the doorways to 36", low threshold walk in shower, grab handles, ramp ways, ect.
and they will all be deducted on next years taxes along with the power wheelchair and scooter.
Old 09-07-2015, 02:23 PM
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And by the way, this is why I bought the F150 so I can install a wheelchair lift to transport the chair in the bed.
I could have got a van, but the wife wanted to get the truck. She said it looks
"Cool"...:-)
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