NASD Online Calendar. The Norristown Are School District will be moving to an online calendar for the 2016-17 School Year. Hard copies will be made available in the school buildings.
1 Premiums paid on a long-term care insurance product may be eligible for an income tax deduction. 2  The amount of the deduction depends on the age of the covered person. 3  Benefits paid from a long-term care contract are generally excluded from income. 4  Business deductions of premiums are determined by the type of business.
To claim a tax deduction for long-term care premium payments, your out-of-pocket medical expenses, including premiums, must be more than 10 percent (7.5 percent for people 65 and older) of your adjusted gross income. Insurance companies must give you at least 30 days to look over your long-term care policy after you receive it. 2  Read the policy carefully to be sure it has the benefits and features you want. 3  If you decide to return the policy within the 30 days, you will get a full refund of any premium paid.