Taxes and Life Insurance: Accelerated Death Benefits
Tax Facts experts answer questions about income tax treatment of an accelerated death benefit payment from a life insurance contract.
How Are LTC Insurance Premiums and Benefits Taxed?
Tax Facts experts explain whether costs of LTCI are deductible and whether the benefits are taxable.
Health Care and Taxes, Pt. 2: Long-Term Care Insurance
The experts at Tax Facts Online discuss whether long-term care insurance premiums are tax deductible.
Long Term Care Insurance: Premiums
While premiums for qualified long-term-care insurance may be deductible as medical expenses there are exceptions to this general rule. Learn how to avoid unnecessary tax liabilities.
Tax Planning and Insurance, Pt. 1: Tax Treatment of LTC Benefits
From Tax Facts Online, a warning to stay aware of the limit on the amount of qualified long-term care benefits that may be excluded from income.