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Deductions long term care premium

 
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3 Replies

Deductions long term care premium

The maximum LTC insurance premiums allowed (51-60) is $1460. Is that per person ($2920 for couple filing married jointly)?
MargaretL
Expert Alumni

Deductions long term care premium

You can deduct long term care premiums as medical expenses.

  1. Federal Taxes
  2. Deductions and Credits
  3. Medical, select Medical Expenses - follow the prompts; you will be asked to enter long term care premiums (see pic)

Deductions long term care premium

I am older than 60, so is there a change?

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