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2.303 -Expenditures to Remove Architectural and Transportation Barriers to the Handicapped and Elderly

Item	Description	FY2015	FY2016	FY2017	FY2018	FY2019
2.303	Expenditures to Remove Architectural and Transportation Barriers to the Handicapped and Elderly Taxpayers may elect to deduct up to $15,000 of the costs of removing architectural or transportation barriers to the handicapped in the year these costs are incurred. The immediate deduction of these expenditures, which would otherwise have to be capitalized and depreciated over a longer period, constitutes a tax expenditure, resulting in a deferral of tax or an interest-free loan. Origin: IRC, § 190 Estimate: $0.4	0.4	0.4	0.4	0.4	0.4

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
M.G.L.	Massachusetts General Laws
U.S.C	United States Code
ESTIMATES	All estimates are in $ millions.