topic Long Term Care premiums in Self employed

Long Term Care premiums

user17758462304 — Fri, 10 Apr 2026 18:39:34 GMT

Can anyone confirm if premiums for a LTC policy I have is deductible? It's not employer paid and I am self-employed, but have had this policy for years from a prior employer purchase option. The prior employer has never contributed to the premiums and I kept the policy when I left their employ. Anyone?

Re: Long Term Care premiums

AnnetteB6 — Sat, 11 Apr 2026 18:17:34 GMT

There are some requirements that must be met for the LTC premiums to be deductible as part of your self-employed health insurance deduction. The deductible amount may be limited based on the age of the insured person.

Take a look at the following information from IRS Instructions for Form 7206 for more details:

Qualified long-term care insurance