In 2011,Brandon,age 72,paid $3,000 for long-term care insurance premiums.He may include the $3,000 in computing his medical expense deduction for the year.

Question

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Long-term care insurance premiums are considered a medical expense and can be included when calculating the medical expense deduction. In order to claim the deduction, the total amount of medical expenses must exceed a certain percentage of the taxpayer's adjusted gross income (AGI). The percentage varies depending on the taxpayer's age and other factors.

In 2011,Brandon,age 72,paid $3,000 for Long-Term Care Insurance Premiums