| The IRS allows taxpayers to deduct medical and dental expenses
that exceeds 7.5% of Adjusted Gross Income.
This deduction may include premiums you paid on qualifying long
term care insurance policies subject to the limits shown below.
| If, at the end of the year, the
person was age: |
In 2003, the most you may deduct |
In 2002, the most you
may deduct |
In 2001, the most you
may deduct |
| 40 or under |
$ 250 |
$ 240 |
$ 230 |
| 41 - 50 |
$ 470 |
$ 450 |
$ 430 |
| 51 - 60 |
$ 940 |
$ 900 |
$ 860 |
| 61 - 70 |
$ 2,510 |
$ 2,390 |
$ 2,290 |
| 71 or older |
$ 3,130 |
$ 2, 990 |
$ 2,860 |
For more information on 2003 medical expense deductions and long term
care premium deductions, visit the IRS
website for Tax
Publication 502. |
