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10-06-2022
Health

contestada

HIPAA treats premiums paid for tax-qualified long-term care insurance plans as medical expenses that
qualify for what type of tax status?

Respuesta :

leotaelijah40 leotaelijah40

10-06-2022

Answer:

Tax purposes

Explanation:

HIPAA treats premiums paid for tax-qualified long-term care insurance plans as medical expenses that qualify for what type of tax status? Tax-qualified long-term care insurance plans receive tax-favored status. Their premiums are medical expenses that can be deducted from taxable income for federal income tax purposes.

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