Medical Tax Credit
May 26th, 2009
Question: is there a tax credit on the medical part of 2007 tax form for buying a car to accommodate a wheelchair?
Answer: Just as an automobile does not qualify for a deduction for non-handicapped taxpayers…you’ll not be able to deduct the entire cost of the car simply because one is required to use a wheelchair.
If, however, you had to outfit the car with special features to accomodate your handicap (hand controls, lift gate, special door), those additional expenses would be deductible to the extent your total medical expenses exceed 7.5% of your adjusted gross income. Not the whole car…just the additional expenses to permit it’s use by one who is medically handicapped.
Hope this helps.
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Tax Deduction Tips : Types of Medical Expense Tax Deductions
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