LTCI Education, Sales Training and Marketing Tools

Tax Discussion

Can your clients benefit from the latest tax advantages by buying Tax-Qualified LTCI? Here you will find one of the most comprehensive tax discussions available.

Quickly review how this information applies to the following subjects.

Individuals
S-Corporations
C-Corporations

Sole Proprietors
Partnerships

Limited Liability Corporations
Assorted Topics
State Tax Incentives

Below is a small potion of our Individual Tax Section. Example cases are also included!

Deductibility of Premium Payments

Individuals who purchase and pay for TQ LTCI policies for themselves, their spouses, and their tax dependents may claim the premiums paid as deductible personal medical expenses if the individual taxpayer itemizes his or her taxes (See Internal Revenue Code (IRC) Sec. 213(a) and IRC Sec. 213(d)(1)(D)).

However, any TQ LTCI expenses are deductible only to the extent that the individual’s unreimbursed medical care expenses exceed 7.5% of the individual’s adjusted gross income (AGI).

Further, the amount of the TQ LTCI premiums that may be deducted is subject to the following dollar limits based on the individual taxpayer’s attained age before the close of the tax year (IRC Sec 213(d)(10)).

Age	Eligible Premium 2026 Limit	Eligible Premium 2025 Limit	Eligible Premium 2024 Limit
40 and Younger	$500.00	$470.00	$470.00
41 - 50	$930.00	$880.00	$880.00
51 - 60	$1,860.00	$1,760.00	$1,760.00
61 - 70	$4,960.00	$4,710.00	$4,710.00
71 and Older	$6,200.00	$5,880.00	$5,880.00

Skills Center

Don't miss our new interactive testing center. Review and test yourself on the Basics, Definitions, Presenting the Brochure and Designing a Plan. The system provides you with an immediate score and allows you to take the exams as often as you like to ensure your knowledge. See some sample questions below:

Below is some sample questions from our "Presenting the Brochure" section.

1: Presenting the Product Brochure is a key part of the interview process because:

A) it is an opportunity to find out what benefits are important to your client.

B) State Departments of Insurance require the product brochure is required to be distributed to each client as a Point of Sale requirement.

C) the Product Brochure best identifies and defines the features and benefits that the client will be purchasing.

D) None of the above.

2: The method by which you can create value in your product thereby increasing desirability in the eyes of the client is called..

A) Feature - Benefit - Conviction
B) Feature - Conviction - Confidence
C) Feature - Benefit - Close
D) Benefit - Close - Confidence

3: Transferring your confidence in your company and product into the mind of your client is called establishing a _________.

A) Unit of Closure.
B) Unit of Competence.
C) Unit of Confidence.
D) Unit of Conviction.