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Subject:  Re: Long Term Care Insurance Date:  4/8/2003  2:40 PM
Author:  ibnana Number:  8405 of 20630

Is anyone familiar with/eligible for the Federal Long-Term Care Insurance Program?

I'm not familiar with that, but I believe the LTC premiums are deductible from income tax if you itemize deductions and if you have enough deductions to go over the % of income you have to meet to make those medical deductions.

We don't have enough of any deductions to itemize any more, much less have the medical amount. Not complaining, I guess that's a good thing. The house is paid off and our taxes are very low, so there's not much left to deduct. The standard deduction gives us more especially now that we're over 65.

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