Yes, any out of pocket expense on your part above and beyond the long term care insurance payments to the facility for nursing home costs are deductible as a medical expense on Schedule A, Itemized deductions if this works for you.
The answer to your question is best explained below.
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Note: Keep in mind that the itemized deductions must be greater than your standard deduction and medical expenses that exceed 7.5% of your income will be included as part of the deductions.
The standard deduction for:
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single taxpayers and married couples filing separately is $6,350 in 2017, up from $6,300 in 2016;
- for married couples filing jointly, the standard deduction is $12,700, up $100 from the prior year;
- and for
heads of households, the standard
deduction is $9,350 for 2017, up from $9,300.
A change to the entry procedure is Federal selected on the left black navigation panel, then Deductions & Credits > Medical Expenses
If you are itemizing deductions, then certain types of long term care do qualify for medical deductions. When you answer the questions in the medical deduction area, there will be a section especially for medical facilities, such as nursing homes, and another for long term care services. TurboTax will ask you to enter the total costs which you paid, then it will ask if there were any reimbursements from the insurance company. Below are directions for navigating to the area and also a link for additional information on medical deductions.
https://ttlc.intuit.com/replies/4774889
