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Income Tax > Tax > Capital Improvement Deductible Capital Improvement Expenses - Tax Deduction The following is a list of capital improvement expenses for which a business can claim a tax deductible.
- 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 a 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.
- Installing a burglar alarm system.
- Blacktopping a driveway.
- Improving a storefront.
- Adding new plumbing fixtures.
- Constructing a drainage system.
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Capital Improvement Tips Deductible Losses
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