. In 2018, Brandon, age 72, paid $5,000 for long-term care insurance premiums. He may include...

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Question

. In 2018, Brandon, age 72, paid $5,000 for long-term care insurance premiums. He may include...

. In 2018, Brandon, age 72, paid $5,000 for long-term care insurance premiums. He may include the $5,000 in computing his medical expense deduction for the year.

a. True

b. False

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Answer 1

Answer #1

As Brandon is above the age 70, for the year 2018 he can deduct upto $5,200 paid for long term care insurance premiums when computing his medical expenses deduction.

The statement is true

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Answer 2

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Add Answer to: . In 2018, Brandon, age 72, paid $5,000 for long-term care insurance premiums. He may include...

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