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medical deductions

Write Off Your Swimming Pool

Write Off Your Swimming Pool You can deduct the cost of an in-ground swimming pool as a medical expense if your doctor prescribes swimming to alleviate a family member’s medical ailment. (Cherry, TC Memo 1983-470). The amount of the deduction is equal to the cost of the pool minus the increase in the home’s value. […]

Filed Under: News Articles Tagged With: deductible, deductions, home improvement, medical deductions, medical expense, pool, swimming pool, tax deductions

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