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Mom has a long term care policy that will cover her for up to $200 per diem for homecare; is the money she receives taxable?

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If you have a tax-qualified policy, then your benefits are not taxable, but if you have a non-tax qualified insurance, some of your benefits maybe taxable. When your mom got her long-term care insurance policy, did she purchased a tax-qualified policy? Normally, the long-term care insurance rates of a non tax-qualified policy is more costly. Get more information about taxation of your mom's long-term care insurance at http://www.irs.gov/
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Good heavens, NO if it is from an insurance policy. You PAID for that coverage. See IRS publication 907.
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