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

question 1

Multiple Choice

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 2017 was $75,000. How much of these expenditures can Phillip deduct as a medical expense in 2017?

• A)$14,000
• B)$15,000
• C)$21,500
• D)$29,000
• E)None of the above