Home Improvements and Tax Deductions: CPA Tax Advice

Home Improvements and Tax Deductions: CPA Tax Advice

It’s a frequently asked question, “Are my home improvements tax-deductible? “For most people when you’re doing home improvements it’s a personal expense.” according to Jeffrey Levine, CPA and Tax Expert at Buckingham Strategic Wealth, “and so it’s not going to be deductible.”.

“Every situation is different and that’s why our tax system is so challenging because everything centers around facts and circumstances,” says Levine.  Here are some examples of home improvements that may have tax benefits.