Where To Deduct Long Term Care Insurance?
- 63333 POINTSContact Meview profilePeggy MaceMost of the U.S.You deduct long term care insurance premiums on Schedule A, Form 1040 of your tax return. If your combined qualified medical expenses (including premiums you paid for long term care insurance, and payments you made for long term care expenses that were not reimbursed) are more than 7.5% of your adjusted gross income, you may claim those expenses as a deduction.Answered on December 17, 2013+01 0+1 this answerflag this answerview more answers by Peggy Mace
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