2012 Long Term Care Insurance Tax Deductibility Limits

Age 40 or less $350
Ages 41-50 $660
Ages 51-60 $1310
Ages 61-70 $3500
Ages over 70 $4370

* may be claimed as medical expense if combined medical expenses exceed 7.5% of AGI and deductions are itemized. Some states also offer tax deductions. State tax incentive for LTC insurance list

About Partnership for Long Term Care

Promoting the idea of preventing long term care from financially devastating families by insuring for long term care with state Partnership qualified policies.
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