A common question that I am asked about long-term care insurance is what tax advantages are available for owners of a LTCI policy?

Unfortunately, the answer to that question is a little involved and it depends on what kind of employment you have and how old you are as a policyholder.

Here is an excellent quide provided by the AALTCI (American Association for Long-Term Care Insurance) that spells out all the details on tax deductibility for LTCI for this year.