Deducting Premium for long-term care

CKreuze — Mon, 09 Mar 2026 04:19:44 GMT

I am retired and pay for long-term care insurance. Can I deduct the cost of the premium?

Re: Deducting Premium for long-term care

ColeenD3 — Thu, 27 Jan 2022 23:30:48 GMT

Yes.

Premiums for qualified long-term care insurance policies are only deductible on your 2021 federal taxes if you itemize, up to these per-person amounts:

$450 — under age 41 as of December 31, 2021
$850 — age 41–50 as of December 31, 2021
$1,690 — age 51–60 as of December 31, 2021
$4,520 — age 61–70 as of December 31, 2021
$5,640 — age 71 or higher as of December 31, 2021

Some states also have their own long-term care credit or deduction; when you do your state taxes, we'll let you know if your state offers tax breaks for long-term care.

Re: Deducting Premium for long-term care

CKreuze — Thu, 27 Jan 2022 23:50:42 GMT

Thank You for your quick reply.

topic Deducting Premium for long-term care in Deductions & credits

Deducting Premium for long-term care

Re: Deducting Premium for long-term care

Re: Deducting Premium for long-term care