State Tax Incentives

State:

Below you will find the tax incentives for California

Deduction: TQ LTCI expenses are deductible only to the extent that the individualís unreimbursed medical care expenses exceed 10% of the individualís adjusted gross income (AGI); (7.5% for people age 65 and older through 2016). (Same as Federal LTCi Tax Incentive)

This information is based upon the tax laws in effect at the time of publication. Nothing herein should be construed as legal, accounting or tax advice. If expert tax advice is required, we strongly recommend that you seek the assistance of a competent, licensed tax consultant.

Tax Info