Take a close look at expenses, and be ready to justify your deductions
Although the term "disability" doesn't always appear in Internal Revenue Service definitions, many deductions and credits hold special importance for people with disabilities.
Tip 1 — Shop around when selecting an accountant or financial adviser
Don't overlook disability tax breaks
Many taxpayers don’t claim all the income tax breaks they’re due. The rule of thumb is: Any dollars you spend compensating for the effects of disability that your nondisabled neighbor didn’t have to spend may be deductible.
Publications by the Internal Revenue Service (see www.irs.gov) indicate these possible deductions:
See IRS publication 502.
After reading about income tax deductions for people with disabilities, Timm Aguirre rejoiced. The Phoenix man, who uses a power wheelchair because of Becker muscular dystrophy, always thought there had to be tax breaks out there.
“Being disabled is a very expensive venture,” Aguirre said. “I wanted to make it as cost-effective as possible. But I could never get anyone or any company to buy into...