Tax Incentives – Maximum Deduction For Individuals – Click to ENLARGE – from Agent Manual
Tax Incentives – Maximum Deduction For Individuals – Click to ENLARGE – from Agent Manual
Publication 15 B
Publication 15 B

Long Term Care Benefits  generally are not taxed as income under IRC §104 (a) (3)

(a) In general
Except in the case of amounts attributable to (and not in excess of) deductions allowed under section 213 (relating to medical, etc., expenses) for any prior taxable year, gross income does not include—

(3) amounts received through accident or health insurance (or through an arrangement having the effect of accident or health insurance) for personal injuries or sickness (other than amounts received by an employee, to the extent such amounts

(A) are attributable to contributions by the employer which were not includible in the gross income of the employee, or

(B) are paid by the employer);

Links & Resources

Tax Deduction for Long Term Care
IRS Publication 502 Medical & Dental Expenses
Internal Revenue Code §7702 b  Long Term Care treated as Accident & Health, just like Section 106
Bulletin 97-31

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