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State Tax Incentives for Minnesota

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State Deduction or Credit Description

Minnesota

Credit

A credit is allowed for long-term care insurance premiums during the taxable year equal to the lesser of (1) 25% of the premiums paid to the extent not deducted in determining federal income; or, (2) $100.       [Chapter 231, (1997)]

 

 

 

 

 

 

 

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Senior Care Concepts, 2008