Can i deduct long term care premiums for myself and my husband on my schedule c? I have entered the premiums but they are not reflected on the tax return.
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Can i deduct long term care premiums for myself and my husband on my schedule c? I have entered the premiums but they are not reflected on the tax return.
Can i deduct long term care premiums for myself and my husband on my schedule c? I have entered the premiums but they are not reflected on the tax return.
Yes, the amount is entered under Income & Expenses, Health Insurance Premiums. There are limits on the amount you are allowed to deduct for long term care, which is based on your age. (please see screenshot below)