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My spouse and I each file schedule C's, she's making more and this will continue. Can we deduct long-term care premiums for a joint policy on her Schedule C only?
Tax law permits a spousal deduction if only one partner is filing a Sch. C. We both file Sch. C's but would like to put long-term care premiums on only one. Is this okay?
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‎June 3, 2019
11:20 AM