Last updated: June 7th, 2021
For traditional LTC premiums You can deduct the age banded allowance for yourself and a spouse if you are paying with an HSA using tax free health savings.
Attained Age Before the Close of Taxable Year | Maximum Deduction for 2021 | Maximum Deduction for 2020 |
40 or less | $450 | $430 |
Age 41-50 | $850 | $810 |
Age 51-60 | $1690 | $1630 |
Age 61 - 70 | $4520 | $4350 |
Age 71 and older | $5640 | $5430 |
