Expenditures for long-term care insurance premiums qualify as a medical expense deduction subject to an annual limit based upon the age of an individual.

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Expenditures for long-term care insurance premiums are considered a medical expense deduction and are subject to an annual limit based on an individual's age. As of 2021, the limit ranges from $440 to $5,640 depending on age.

Expenditures for Long-Term Care Insurance Premiums Qualify as a Medical