We all love tax time! Fortunately there is some good news for owners of long term care insurance and in our next few posts we’ll be publishing some very useful 2010 tax info and what, if any, long term care insurance premiums qualify for deductions.
We’ll be looking at the following 6 types of taxpayers and what premium deductions are available:
- Individual taxpayer who does NOT itemize
- Individual taxpayer who itemizes deductions
- MSA & HSA deduct eligible premium
- Employees (non-owners)
- C-corporation owner-employee
- Other business owners
If you have additional questions about long term care insurance premiums and 2009 taxes, click here to email one of our long term care insurance experts.
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