Okay, please help me with the calculations here. Her income will be about 106K from her RMD, SS, pension and div/interest from her taxable account this year. We paid 74K for her care this year and The LTC policy reimbursed 50K of it. If I take 24K from her traditional IRA, can I deduct 24K from her taxes for the LTC she paid for out of pocket? This would be higher than the standard deduction.
Thanks!
Thanks!
Statistics: Posted by TTGO808 — Fri Nov 28, 2025 1:51 am — Replies 3 — Views 193