• A qualified LTC plan allows premiums to be treated as medical expenses and are eligible for a tax deduction within certain limits.

• S-corps, partners, and sole proprietors may deduct 100% of the eligible premium for themselves, their spouse and dependents.

• C-corps are eligible to take a business expense deduction for 100% of the premiums paid for employees, their spouse, and dependents.

• Qualified LTC plans that provide reimbursement for expenses are not taxable as income.

• An employer may determine eligible individuals for a participatory plan based upon a category of employees.


© 2006, LTCi Specialists
P.O. Box 2438 Jenkintown, PA 19046
Phone 215.884.5824 Fax 215.884.5825