Stair lifts can be a life-enhancing solution for those who experience difficulty moving up and down stairs, offering a way to access multiple levels safely and independently. As you consider bringing a stair lift into your home, you’ll want to evaluate a blend of practical and financial considerations. Among the economic factors, a frequent question we receive is, “Are stair lifts tax deductible?”
A potential reduction in tax liability could help offset the cost of a stair lift. And thankfully, stair lifts are tax deductible in many circumstances! Here’s a look at the details behind when and how stair lifts can be tax deductible.
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