Lloyd is chronically-ill and received tax-qualified long-term care insurance benefits in 2022 amounting to $8,450 to cover
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Lloyd is chronically-ill and received tax-qualified long-term care insurance benefits in 2022 amounting to $8,450 to cover a 30-day nursing home stay. What amount, if any, must he include in income if actual nursing home costs for the 30 days amounted to $7,950 and the applicable per diem Limitation was $390?
Related Book For
Federal Taxation 2016 Comprehensive
ISBN: 9780134104379
29th Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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