Anyone think of doing this? I am wondering what kind of documentation you would need. A letter from the SLP regarding it's usage as a communication device or from an OT regarding fine motor? I don't have anything in writing so it would have to be some sort of retroactive 'perscription'.
I mean, you just have to have something ready in case you get audited. Right?What are the chances of that? (knock on wood)
Stupidly, I purchased on Dec 27th instead of this year while we are planning on using an app to track medical expenses....
Re: ipad purchase as a tax write off?
I will begin by saying that I'm a CPA, but NOT a tax accountant. My primary knowledge of this is around my own experience with my tax accountant (tax CPA that is a partner in his own firm and has his own DS with SN). He definitely recommends documentation from our dr. (we use a developmental ped. for this) around such deductions. We only considered deducting normal medical expenses and the cost of the tuition for their special needs preschool and these combined won't meet the 7.5% floor for these deductions, so the conversation is a bit moot. Make sure you are going to have enough other expenses to make this worthwhile to investigate.
If you intend to use this iPad for anything other than a communication device I would say that you need to prorate the portion you are using for "personal enjoyment". If you have anything other than true therapy apps it would be extremely easy to point to this as something other than a therapy tool. When you couple that with the fact it would be quite simple for the IRS to obtain evidence from Apple or your ISP regarding usage I would just be very conservative on your allocation.
Anytime you have unusual deductions (i.e. anything other than your usual property interest, small donations, etc.), particularly those around something as nebulous as "medical expenses" which a lot of people misinterpret or fudge, you are at an increase risk of being audited as this is the sort of thing that the tax system automatically flags.
I'm assuming you are using a good tax accountant (not H&R block or the like)? Definitely a worthwhile and deductible expense for the tax year in which they are paid.
Thanks for the comments.
We are not going to be able to claim anything for 2011 becuase DH doesn't think we have enough expenses to meet the 7.5%. DH works in finance at a bank so he enjoys doing taxes. My OCD mind can't let go of being able to write off medical expenses for some damn reason, so I keep coming up with ideas of other things to write off...
Another one that just came to me is if you can write off the legal expenses of having to set up a special needs trust. I would think that you couldn't because it is something voluntary and not a medical expense that you have been forced to pay for...hmmm. Help me stop ladies!!!!!
Here's a word to make you stop...
AUDIT!
You don't want one