LTC Insurance 2015 Tax Year deductible limits

The 2015 Tax Year deductible limits under Section 213(d)(10) for eligible long-term care premiums includable in the term ‘medical care’ are as follows:

Attained Age Before Close of Taxable Year:     
40 or less — $390   
More than 40 but not more than 50 — $730                             
More than 50 but not more than 60 — $1,460               
More than 60 but not more than 70 — $3,900             
More than 70 — $4870                                      


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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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