State Tax Incentives

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Below you will find the tax incentives for Indiana

Deduction: Applies to Partnership Policies Only - Taxpayer may subtract an amount equal to the portion of any premiums paid during the taxable year by the taxpayer for a qualified long term care policy (as defined in IC 12-15-39.6-5) for the taxpayer or the taxpayer's spouse, or both."

This information is based upon the tax laws in effect at the time of publication. Nothing herein should be construed as legal, accounting or tax advice. If expert tax advice is required, we strongly recommend that you seek the assistance of a competent, licensed tax consultant.