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

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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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