turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Is the amount paid field for the Maryland credit for long term care insurance the total amount paid to date or just what was paid in 2018?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Cindy0H
New Member

Is the amount paid field for the Maryland credit for long term care insurance the total amount paid to date or just what was paid in 2018?

The amount paid field for the Maryland credit for long term care insurance the total amount paid to date as of 12/31/2018. That is the total amount paid in premiums. Maryland states:

For the current tax year, you can claim a credit equal to the premiums paid, up to a maximum of $410 for each insured person 40 years of age or younger, and up to a maximum of $500 for each insured person 41 or older.

Here is the complete writeup on who qualifies for this credit:

View solution in original post

1 Reply
Cindy0H
New Member

Is the amount paid field for the Maryland credit for long term care insurance the total amount paid to date or just what was paid in 2018?

The amount paid field for the Maryland credit for long term care insurance the total amount paid to date as of 12/31/2018. That is the total amount paid in premiums. Maryland states:

For the current tax year, you can claim a credit equal to the premiums paid, up to a maximum of $410 for each insured person 40 years of age or younger, and up to a maximum of $500 for each insured person 41 or older.

Here is the complete writeup on who qualifies for this credit:

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies