Lists of Deductible Repairs and Capital Improvements
Over the years various expenditures have come under review by the IRS and the courts. The following lists, 1 of deductible repairs and the other of improvements that must be capitalized, are based on actual cases and rulings.
DEDUCTIBLE REPAIRS
- Altering building for street-widening program
- Caulking seams
- Replacing compressor for air conditioner
- Replacing copper sheeting for cornice (blown off by wind)
- Relining basement walls and floors with cement
- Cleaning a restaurant canopy
- Cutting and filling cracks in storage tanks
- Tuck pointing and cleaning exterior brick walls
- Adding timbers to support walkway over basement
- Mending plaster walls and ceilings
- Painting walls and ceiling over basement
- Papering walls
- Patching a leaking roof
- Relocating steam pipes and radiators
- Resurfacing floors
- Repairing sidewalks
- Shoring up building foundation
- Replacing retaining walls
- Repairing gutters
CAPITAL IMPROVEMENTS
- Installing new doors
- Installing new windows
- Replacing a coal burner with an oil burner heating system
- Installing skylights
- Installing fire escapes
- Replacing a roof
- Adding new floor supports
- Replacing iron piping with brass piping in hot water system
- Raising, lowering, or building new floors
- Erecting permanent partitions
- Installing fire sprinklers
- Bricking up windows
- Installing an air-conditioning system
- Installing a ventilation system
- Rewiring or upgrading electrical service
- Replacing windows and doors
- Expanding a building (building ...
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