Which is true about long-term care expenses? A. At age 65 and older, premiums paid for qualified
Question:
A. At age 65 and older, premiums paid for qualified longterm care insurance are fully deductible.
B. Unreimbursed medical expenses are subject to 7.5 percent of adjusted gross income floor.
C. Premiums paid for qualified long-term care insurance are included as deductible medical expenses subject to an adjusted gross income floor.
D. The deduction for qualified long-term care insurance premiums is not subject to an additional dollar amount limitation.
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Related Book For
Essentials Of Personal Financial Planning
ISBN: 9781945498237
1st Edition
Authors: Susan M. Tillery, Thomas N. Tillery
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