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 that amount of long term care premiums for one year only? Or is a total of all premiums paid over the past years deductable on my Maryland return?

 
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
JulieCo
New Member

Is that amount of long term care premiums for one year only? Or is a total of all premiums paid over the past years deductable on my Maryland return?

It would be the premiums that were paid in 2018.  See more information from the Maryland Comptroller below:

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. 

From:  https://taxes.marylandtaxes.gov/Individual_Taxes/General_Information/Tax_Credits_and_Deductions/Long...




View solution in original post

1 Reply
JulieCo
New Member

Is that amount of long term care premiums for one year only? Or is a total of all premiums paid over the past years deductable on my Maryland return?

It would be the premiums that were paid in 2018.  See more information from the Maryland Comptroller below:

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. 

From:  https://taxes.marylandtaxes.gov/Individual_Taxes/General_Information/Tax_Credits_and_Deductions/Long...




message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies