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Quinn,who Is Single and Lives Alone,is Physically Handicapped as a Result

question 84

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Quinn,who is single and lives alone,is physically handicapped as a result of a diving accident.In order to live independently,he modifies his personal residence at a cost of $30,000.The modifications included widening halls and doorways for a wheelchair,installing support bars in the bathroom and kitchen,installing a stairway lift,and rewiring so he could reach electrical outlets and appliances.Quinn pays $200 for an appraisal that places the value of the residence at $129,000 before the improvements and $140,000 after.As a result of the operation of the stairway lift,Quinn experienced an increase of $680 in his utility bills for the current year.Disregarding the percentage of AGI limitation,how much of the above expenditures qualify as medical expense deductions?


Definitions:

Holistic

An approach or perspective that considers the whole system, including all of its parts and their interactions, rather than focusing on individual components.

Value

The importance, worth, or usefulness of something, often determining what is good, beneficial, and desirable in life.

Angst

In existential philosophy, the anxiety that stems from doubts about the meaning and purpose of life; also called existential anxiety.

Nothingness

A concept referring to the absence of anything at all, often discussed within philosophical, existential, or metaphysical contexts.

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