NY State Tax CREDIT for Long-Term Care Insurance

NY State Tax Credit

Did you know?
New York State residents are entitled to a nonrefundable tax CREDIT if you or your business pay premiums for qualifying long-term care insurance policies.

How much is the credit?
“The allowable credit is 20% of the premiums paid during the tax year for the purchase of, or for continuing coverage under a qualifying long-term care insurance policy.”

Click here for New York State 2013 Filing Forms

As a licensed Life Accident and Health Insurance professional, I provide information about how affordable long-term care insurance can protect your assets and provide you greater control over your care. Please contact me at (518) 346-2115 for a confidential and complimentary consultation.

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About Daniel G. Alcorn
My financial services career began in the late 70's in New Hampshire. My career path includes 19 years in Vermont where I served as Senior Vice President of the state's largest commercial bank. I relocated to New York's Capital Region in 2003 where I now enjoy helping individuals and families with their Life, Medicare and Long Term Care insurance decisions. Let's connect online at www.linkedin.com/in/dgalcorn and https://www.facebook.com/DGAlcorn.Associates/

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