Deductions & credits

Yes, you can deduct long term care insurance as a medical expense if you itemize and the total expenses for you, your spouse, and your dependents exceed 10% of your adjusted gross income (7.5% if you're 65 or older as of December 31, 2016). The deduction is limited to the expenses above and beyond this amount.

See Deducting Medical, Dental, and Vision Expenses

To deduct all medical expenses::

  • Type in medical expenses, sch a the search box, top right of your screen, then click the magnifying glass

  • Click the jump to medical expenses, sch a link in the search results

  • Follow to prompts and online instructions

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