Phillip, age 66, developed hip problems and was unable to climb the stairs to reach his second-floor bedroom.His physician advised him to add a first-floor bedroom to his home.The cost of constructing the room was $32,000.The increase in the value of the residence as a result of the room addition was determined to be $17,000.In addition, Phillip paid the contractor $5,500 to construct an entrance ramp to his home and $8,500 to widen the hallways to accommodate his wheelchair.Phillip's AGI for 2019 was $75,000.How much of these expenditures can Phillip deduct as a medical expense in 2019?
A)$14,000
B)$15,000
C)$21,500
D)$29,000
E)None of these

Question

Quizplus · Accepted Answer

Phillip can deduct the cost of the room addition ($32,000) minus the increase in the value of his home as a result of the addition ($17,000), which equals $15,000. He can also deduct the cost of the entrance ramp ($5,500) and the cost of widening the hallways ($8,500), for a total deduction of $21,500.

Phillip, Age 66, Developed Hip Problems and Was Unable to Climb