What are the 2026 tax-deductible limits for LTC insurance premiums?
For 2026, the IRS eligible-premium limits you can count toward the deduction are, per person: $500 (age 40 or less), $930 (41–50), $1,860 (51–60), $4,960 (61–70), and $6,200 (71 and older). The per-diem benefit limit is $430 per day.
Each year the IRS sets the maximum amount of tax-qualified long-term care premium that counts toward a deduction, based on your attained age at the end of the tax year. For 2026 (IRS Revenue Procedure 2025-32), the per-person limits are:
- Age 40 or less: $500
- Age 41–50: $930
- Age 51–60: $1,860
- Age 61–70: $4,960
- Age 71 and older: $6,200
These are per person, so a couple can each use their own age band. The per-diem limit on periodic long-term care benefits — the amount that stays tax-free — is $430 per day for 2026.
Remember the limits are just a cap on what counts: an individual's deduction is still subject to the 7.5%-of-income medical threshold (self-employed filers are exempt). These figures adjust annually — verify the current year with the IRS or your tax advisor.
General information only. This is educational and not insurance, legal, tax, or financial advice. Rules and products vary and change — confirm the specifics with a licensed professional.
Have more questions? Get a free, no-obligation comparison
Free cost comparison
See personalized long-term care insurance costs from the carriers still writing new policies in 2026 — no obligation and no pressure.
Request a free, no-obligation cost comparisonFree LTC planning report
Prefer to read up first? Get our plain-English guide to planning and paying for long-term care, delivered to your inbox.
Get the free LTC planning report