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Level 1

My LTC premiums are over the allowable limit. Is there somewhere to enter the balance?

 
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Level 6

My LTC premiums are over the allowable limit. Is there somewhere to enter the balance?

Unfortunately, the portion of the Long Term Care premium that exceeds the eligible LTC premium cannot be claimed and cannot be carried to future years.

Please read this document from the American Association for Long Term Care Insurance for more information:

http://www.aaltci.org/long-term-care-insurance/learning-center/tax-for-business.php/