Tax Law Highlights - 2012

Long Term Care Premium Deduction - 2013

Answer:

The Maximum amount of aged based long term care premiums that can be included as deductible medical expenses (subject to the 10 / 7.5 AGI floor) is:
$360 for 40 year olds or younger
$680 for ages 41 through 50
$1,360 for ages 51 through 60
$3,640 for ages 61 through 70
$4,550 for ages over age 70
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