The "Mobility Means Freedom Tax Credit Act" introduces a tax credit for 50% of the cost of qualified mobility devices, such as wheelchairs and scooters, up to 3 devices per year.
Steve Cohen
Representative
TN-9
The "Mobility Means Freedom Tax Credit Act" introduces a tax credit for individuals, covering 50% of the cost of qualified mobility devices like wheelchairs, scooters, and walkers, including enhancements. The credit is limited to three devices per tax year. It ensures that expenses used for the credit cannot also be used for other deductions, and it applies to expenses incurred after the bill's enactment.
New Bill Proposes 50% Tax Credit for Wheelchairs, Scooters, and Other Mobility Aids
This bill, the "Mobility Means Freedom Tax Credit Act," aims to make essential mobility devices more affordable by creating a new tax credit.
Making Movement More Manageable
The core of the proposal is a new tax credit, officially called Section 36C in the tax code. If passed, individuals could claim a credit equal to 50% of the cost they pay for a "qualified mobility device." This isn't just limited to wheelchairs; the bill specifically includes manual and power wheelchairs, scooters, walkers, and certain braces, along with necessary features or enhancements for these items. Think of it like getting a half-off coupon from Uncle Sam for equipment that helps you or a loved one get around. There's a cap, though: you can claim this credit for up to three separate devices each tax year. This could be helpful for someone needing different devices for different situations, like a walker for inside the house and a scooter for longer distances outside.
How It Works with Your Taxes
The bill is straightforward about preventing folks from 'double dipping' on tax benefits. If you claim this new 50% credit for a mobility device, the amount you can deduct for that same medical expense gets reduced by the credit amount. Essentially, you get one tax break per purchase – either the credit or the standard deduction for the full cost, but not both maximized. This credit would apply to any qualifying mobility devices purchased after the date the bill officially becomes law.