What Is Long Term Care Insurance Credit?

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    Peggy Mace
    Most of the U.S.
    Long Term Care Insurance credit is a tax advantage given to those who purchase LTCI. About half the states in the United States offer a tax credit to those who purchase LTCI, and the tax credit can be as high as 25% of the Long Term Care policy premium,in some states.
    Answered on October 9, 2013
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