Partnership Advisor IRS Limits for TQ Policies
IRS Limits for LTC Insurance Premiums
Personal Deduction as an Unreimbursed Medical Expense
| Taxable (Calendar) Year | |||||||||||||
|
1998
|
1999
|
2000
|
2001
|
2002
|
2003
|
2004
|
2005
|
2006 |
2007 |
2008 |
2009 | ||
|
|
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|
Eligible Long-Term Care Premiums (Limit by Age Group): |
|||||||||||||
|
Age 40 or Less |
$210 |
$210 |
$220 |
$230 |
$240 |
$250 |
$260 |
$270 |
$280 |
$290 |
$310 |
$320 | |
|
Ages 41 to 50 |
$380 |
$400 |
$410 |
$430 |
$450 |
$470 |
$490 |
$510 |
$530 |
$550 |
$580 |
$600 | |
|
Ages 51 to 60 |
$770 |
$800 |
$820 |
$860 |
$900 |
$940 |
$980 |
$1,020 |
$1,060 | $1,110 | $1,150 | $1,190 | |
|
Ages 61 to 70 |
$2,050 |
$2,120 |
$2,220 |
$2,290 |
$2,390 |
$2,510 |
$2,600 |
$2,720 |
$2,830 | $2,950 | $3,080 | $3,180 | |
|
Ages 71 and older |
$2,570 |
$2,660 |
$2,750 |
$2,860 |
$2,990 |
$3,130 |
$3,250 |
$3,400 |
$3,530 | $3,680 | $3,850 | $3,980 | |
|
Per Diem Limitation |
$180 |
$190 |
$190 |
$200 |
$210 |
$220 |
$220 |
$240 |
$250 | $260 | $270 | $280 | |
|
Source: IRS Rev. Proc. |
HIPAA |
98-61 |
99-42 |
2001-13 |
2001-59 |
2002-70 |
2003-85 |
2004-71 |
2005-70 | 2006-53 | 2007-66 | 2008-66 | |
Additional information on potential tax benefits for individuals and employers.
For more information contact:
OPM.CTPartnership@ct.gov
(860) 418-6318