Individual Medicare supplement and LTC premiums are:

Individual Medicare supplement and LTC premiums are:




a. Always tax-deductible

b. Only tax-deductible if an individual's unreimbursed medical expenses exceed 10% of their adjusted gross income

c. Only taxable if an individual's unreimbursed medical expenses exceed 10% of their adjusted gross income

d. Never tax-deductible



Answer: b. Only tax-deductible if an individual's unreimbursed medical expenses exceed 10% of their adjusted gross income

Comments

Popular posts from this blog

You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?