Rita, who is 68 years old, pays $3,600 for long-term care insurance in 2012. She is not self-employed. How much of the premiums qualify as a deductible medical expense?
a. Incorrect. She is not barred for any reason from treating some of the long-term care premiums as deductible.
b. Incorrect. The limit of $1,310 would apply if she were more than 50 years old but not more than 60.
c. Correct. Because her age (68) falls within the range of more than 60 but not more than 70, she is limited to $3,500 of premiums as a deductible amount.
d. Incorrect. She cannot deduct her full premiums of $3,600 because of the dollar limit for her age.
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