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if you, the purchaser, can obtain a doctor’s
letter stating that the elevator is a medical necessity or required for other medical reasons the owner may have the ability
to write off a portion of the investment in the year purchased from their federal income tax, subject to the follow restrictions.
here's
how it works
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- income $150,000 x medical expense factor 7.5% = $11,250
- medical expense ($20,000+$5,000)- factor $11,250 = $13,750
- net cost of the elevator
of approximately $6,250 ($20,000-$13,750)
- do you make money on amazon storefront
as with all tax considerations, we advise that you consult your tax accountant
/ attorney to determine individual qualification for deduction.
see our product details
design your elevator here
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