Steve M Posted July 11, 2011 Report Share Posted July 11, 2011 My client has been in a nursing home. His long term care policy reimbursed his LTC in the amount of $25000. It is not taxable income since it is a reimbursement - used form 8853 Just want to confirm whether or not he can claim the $25K as a medical expense on Sch A. I think not, but just wanted to be sure. Thanks, SteveM Quote Link to comment Share on other sites More sharing options...
mcb39 Posted July 12, 2011 Report Share Posted July 12, 2011 My client has been in a nursing home. His long term care policy reimbursed his LTC in the amount of $25000. It is not taxable income since it is a reimbursement - used form 8853 Just want to confirm whether or not he can claim the $25K as a medical expense on Sch A. I think not, but just wanted to be sure. Thanks, SteveM You can claim the LTC in excess of the reimbursement. I have a client in just such a situation. She receives thousands, but she also pays thousands in excess. Quote Link to comment Share on other sites More sharing options...
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