The IRS has announced the 2010 limits on the tax deductibility of qualified long term care insurance premiums. Deductible limits are up across the board from 2009, ranging from $10 for the youngest group to more $130 for the oldest. For the first time, the maximum deductible limit for an individual exceeds $4,000.

The 2010 limits are as follows:

Attained Age Before Close of Taxable Year	Maximum Deductible Limit
Age 40 or less:	$ 330
More than 40 but not more than 50:	$ 620
More than 50 but not more than 60:	$1,230
More than 60 but not more than 70:	$3,290
More than 70:	$4,110

The maximum non-taxable per diem benefit will be $290 in 2010, up $10 from 2009.

Sources:
IRS Revenue Procedure 2008-66, 2009-50