Qualified LTC Fairness Act of 2007 (H.R. 2582)

Overview:

110th Congress (2007-2009)

Type: Tax Deductions

Key Components:

  • Establish above-the-line tax deduction for LTC insurance and service expenses; does not require individuals to itemize deductions or have medical expenses that exceed 7.5% (now 10%) of AGI.

Key Authors:

  • Rep. Ginny Brown-Waite (R-FL)
    House Ways and Means

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