Which statement is correct regarding qualified Long Term Care policies?

Which statement is correct regarding qualified Long Term Care policies?



a. Premiums for nursing home coverage are ineligible for a deduction from income tax.

b. LTC premiums are not deductible for income tax purposes.

c. LTC benefits are generally not taxable as income.

d. Skilled and intermediate nursing care are the only options available for LTC patients under qualified plans.


Answer: C

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