If an employer pays for an employee's long-term care insurance premiums, the employee can exclude from gross income the premiums, but all of the benefits collected must be included in gross income.

Question

Quizplus · Accepted Answer

If an employer pays for an employee's long-term care insurance premiums, the employee can exclude from gross income both the premiums and any benefits collected.

If an Employer Pays for an Employee's Long-Term Care Insurance