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esoomcam1
New Member

Age is 60 1/2 as of 12/31/16. LTC deduction limited to $1460. Deduction for LTC based on "at least 50, but not more than 60". More than 60 so why is deduction limited?

 
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LindaA
Expert Alumni

Age is 60 1/2 as of 12/31/16. LTC deduction limited to $1460. Deduction for LTC based on "at least 50, but not more than 60". More than 60 so why is deduction limited?

In this case, more than 60 means 61. Please see the attachment from IRS Pub 502: Medical and Dental Expenses below.

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1 Reply
LindaA
Expert Alumni

Age is 60 1/2 as of 12/31/16. LTC deduction limited to $1460. Deduction for LTC based on "at least 50, but not more than 60". More than 60 so why is deduction limited?

In this case, more than 60 means 61. Please see the attachment from IRS Pub 502: Medical and Dental Expenses below.

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