I will move to a Continuing Care Retirement Community in 2024. I understand the treatment of a portion of the entrance fee as life care advance payment, as specified in IRS PUB 202. I paid the entrance fee in 2022 and 2023 as a place holder that was fully refundable up until move-in. The facility has assigned me a move-in date in 2024. Can I treat the life care advance payment as paid in 2024 since it was refundable until then and no services were available prior to move-in?
