Americans with Disabilities Act (ADA) Americans with Disabilities Act (ADA) and Taxes

CYBEX Total Access equipment* qualifies for tax credits in the USA under the Americans with Disabilities Act (ADA). This means that the government believes exercise is important for all – so important that Uncle Sam will help facilities provide for their disabled population.

Frequently Asked Questions:

What does the tax credit mean? It is a tax credit for expenditures to provide access to disabled individuals. Under Internal Revenue Code, Section 44, an Income Tax credit (not just a deduction) of up to $5,000 is available on the cost of equipment purchased to comply with the ADA. Wheelchair accessible equipment, including some CYBEX Total Access products, would qualify in most areas.

How much credit is available? The amount of the credit is 50% of the amount of eligible access expenditures for a year that exceed $250 but do not exceed $10,250. No other deductions or credits are permitted for any amount for which a disabled access tax credit is allowed. The maximum allowable tax credit allowable is $5000.

Who is eligible? An eligible small business is defined as any person who elects to claim the disabled access tax credit and either: (1) had gross receipts for the preceding tax year that did not exceed one million dollars; or (2) had no more than 30 full time employees during the preceding tax year. Facilities should consult their professional tax advisor to verify eligibility.

What expenditures are eligible? 1) Costs relating to the removal of architectural, communication, physical or transportation barriers that prevent a business from being accessible to, or usable by, disabled individuals. NOTE: Costs incurred during new construction do not qualify. 2) To provide qualified interpreters or other effective methods of making aurally delivered materials available to hearing impaired individuals. 3) To provide qualified readers, taped texts, and other effective methods of making visually delivered materials available to visually impaired individuals. 4) To acquire or modify equipment or devices for disabled individuals. 5) To provide other similar services, modifications, materials, or equipment.

CYBEX does not give tax advice. To get the best information on the ADA tax credit and what qualifies, consult your professional tax advisor or tax accountant. Tax laws change from year to year and a tax professional will have the most current information.

*CYBEX Total Access equipment that can qualify under Code Section 44.

Cardio: 445T Treadmill   •   Upright Bikes   •   Recumbent Bikes
Strength: Chest Press   •   Overhead Press   •   Row   •   Lat Pull   •   Leg Press   •   Leg Extension
Seated Leg Curl   •   Cable Column
Also:    •   Bravo Functional Trainer   •