Where To Deduct Long Term Care Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    You deduct long term care insurance premiums on Schedule A, Form 1040 of your tax return. If your combined qualified medical expenses (including premiums you paid for long term care insurance, and payments you made for long term care expenses that were not reimbursed) are more than 7.5% of your adjusted gross income, you may claim those expenses as a deduction.
    Answered on December 17, 2013
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