Walking into a new and brighter life.

Walking into a new and brighter life.

The healthy me

The healthy me

Finding your way around

~*~ You can look on the right hand side of this page and see what the catagories are, or you can just scroll down until you find what you're looking for ~*~ To leave a comment you need to sign up for a google account. It's quick and easy and they expect nothing else from you. LoL

This I know.................

This I know.................

Friday, July 16, 2010

Can electricity for your oxygen concentrator be tax deductable?

COPD International Is the electricity for an oxygen concentrator tax deductable for COPD Patients?

Members of the COPD community often ask if the electricity used to power an oxygen concentrator is tax deductable. The cost of electricity to operate your oxygen concentrator may be a medical deduction. Compute the cost, then ask whoever pre...pares your tax return.



To compute the cost, do the following:



1. Look at the label on your concentrator. It states the number of volts and amps the concentrator uses. The example uses 115 volts at 4 amps.



2. Calculate the number of kilowatt (KW) hours per year.


115 volts x 4 amps = 460 watts (W)

460 W x .001 KW/W = .46 KW

.46 KW x 24 H/day x 365 days/year
= 4,029.6 KWH/Y



3. Multiply the above result by the cost per KWH for electricity. You can get this from your electric company. In this example we used 8 cents per kilowatt hour.



4,029.6 KWH/Y x $0.08/KWY = $322.37

posted in our blog at: http://www.copd-international.com/COPDInfo/

Original source: http://www.portableoxygen.org/See More
COPD information at COPD-International
www.copd-international.com

5 comments:

Unknown said...

Thanks for this info Kellie....we used to get a discounted rate in CA for his Ox but nothing in Oregon

Unknown said...

Felicia,
I am also in Oregon. Since I have O2 in the house my electric bill climbed. So I called the power company and asked them what my options were. I was getting to where paying almost 200.oo per month every month was too much. So they put me on a program ... year around a constant amount. I pay 132.00 every month. That is inthe summer with airconditioning, and in the winter using our fireplace ... and my O2 concentrator.
I did the same thing with the gas company.
You might want to call and check on what your #'s would be.

Anonymous said...

woot, thankyou! I finally came to a site where the webmaster knows what they’re talking about. Do you know how many results are in Google when I search.. too many! It’s so annoying having to go from page after page after page, wasting my day away with thousands of people just copying eachother’s articles… bah. Anyway, thankyou very much for the info anyway, much appreciated.
My website is [url=http://www.homeremediesforacnetreatments.com]acne scar treatment[/url]

Anonymous said...

I blog often and I genuinely thank you for your content. This article
has really peaked my interest. I'm going to book mark your blog and keep checking for new details about once a week. I opted in for your Feed as well.

Here is my web-site bmi calculator for females

Anonymous said...

I did an average job on the Reiver video games for cheap
ones scroll down a bit in the links below to read the books is very
encouraging. Through those first 32 video games for cheap, Tulsa was 16-16 and one game
behind Texas League North Division leader Springfield in
the standings. Nice feature is that your opponents will pay a higher price whenever they land on your peg, then your peg
goes back to them time after time.

Also visit my webpage Videos games