McGraw-Hill's Taxation of Individuals 3rd Edition by Brian Spilker,Benjamin Ayers,John Robinson,Edmund Outslay ,Ronald Worsham,John Barrick,Connie Weaver

Exercise 43

This year Tim is age 45 and is considering enrolling in an insurance program that provides for long-term care insurance.He is curious about whether the insurance premiums are deductible as a medical expense and, if so, what is the maximum amount that can be deducted in any year.