Monthly Archives: February 2013

2013 Long Term Care Insurance Tax Deductibility Limits

Age 40 or less $360 Ages 41-50 $680 Ages 51-60 $1360 Ages 61-70 $3640 Ages over 70 $4550 * may be claimed as medical expense if combined medical expenses exceed 7.5% of AGI and deductions are itemized. Some states also … Continue reading

Posted in Long term care insurance