You recommend a long-term care policy for both John and Mary. The policy is a comprehensive policy

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You recommend a long-term care policy for both John and Mary. The policy is a comprehensive policy that allows each spouse to share the
other spouse's policy benefits. The benefits will be paid for 3 years or up to $360,000, whichever comes first. The annual premiums are $6,400
for John and $5,330 for Mary. Ignoring any AGI limitation, what amount of the premium is allowed as a medical deduction if the couple
itemizes their income taxes in 2023?


Allowable Long-Term Care Premium:	John	Mary	Total
Total Premium	$0	$0	$0
Less: Allowed Amount	-	-	0
Disallowable Premium Amount	$0	$0	$0

Related Book For answer-question

answer-question

Linear Algebra and Its Applications

Linear Algebra and Its Applications

ISBN: 978-0321791542

4th edition

Authors: David C. Lay

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Posted Date: May 08, 2024 06:20 AM

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