Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 11-11-2013, 04:39 PM
TaxGuru's Avatar
Tax Guru
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,399
Blog Entries: 3
Starting 2013, the maximum on deductions for long-term care insurance premiums has been increased!

Starting 2013, the maximum on deductions for long-term care insurance premiums has been increased.

This is a tax break that many taxpayers are not aware of or have little knowledge. If the taxpayers are;
  • aged 51 to 60, they will be able to deduct up to $1,360;
  • age 61 to 70, up to $3,640;
  • taxpayers aged above 70, up to $4,550 for such premiums.

Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Limits on Long Term Care Premiums rise in 2012! TaxGuru Medical 0 01-19-2012 06:11 PM
Are Long Term Health Insurance Premiums deductible? Pearl Medical 5 09-06-2011 04:57 AM
The limits on deducting long term care premiums increase in 2011! TaxGuru Retirement Planning 0 01-15-2011 12:18 PM
Who should be getting Long Term Care Coverage? TaxGuru Retirement Planning 1 03-05-2008 06:50 PM
Don't forget to deduct your Long Term Care Premiums! TaxGuru Itemized Deductions 0 04-01-2007 12:44 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning