Currently, long-term care insurance premiums may be deductible for federal income tax purposes if your total un-reimbursed medical expenses exceed 7.5% of your adjusted gross income. [Tell me more]

In addition, more and more states are providing a tax deduction or tax credit for long-term care insurance. 23 states currently provide incentives. [Tell me more]

This information is not a substitute for expert tax advice. Please contact a tax professional for complete details.