CPAdirectory

Itemized/Standard Deduction

2018-Itemized Deductions-Deduction Limits For Long-Term Care Premiums

The maximum amount of age-based long-term care premiums that can be included as deductible medical expenses for 2018 (subject to the AGI floor is $420. If you are age 40 or younger at the end of 2018; $780 for those age 41 through 50; $1,560 for those age 51 through 60; $4,160 for those age 61 through 70; and $5,200 for those over age 70.

Note If you need professional help with "Itemized/Standard Deduction" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.