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State Tax Incentives for LTC Policies

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Some States have passed legislation to residents or their State purchase long-term care insurance by offering tax incentive programs. These are either in the form of a deduction or credit on your state tax return.*

Does your State offer tax incentives when you purchase a LTC policy?* 

Click on the links below of States that currently offer tax incentives

Alabama Alaska Arizona Arkansas
California Colorado Connecticut Delaware
D.C. Florida Georgia Hawaii
Idaho Illinois Indiana Iowa
Kansas Kentucky Louisiana Maine
Maryland Massachusetts Michigan Minnesota
Mississippi Missouri Montana Nebraska
Nevada New Hampshire New Jersey New Mexico
New York North Carolina North Dakota Ohio
Oklahoma Oregon Pennsylvania Rhode Island
South Carolina South Dakota Tennessee Texas
Utah Vermont Virginia Washington
Washington DC West Virginia Wisconsin Wyoming

* Please consult your tax advisor on any issues that you may have on deductibility of Long-term Care premiums.

 

 

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Senior Care Concepts, 2008