Business, 23.11.2020 14:00 jaciecaylen
Lloyd is chronically-ill and received tax-qualified long-term care insurance benefits in 2020 amounting to $8,000 to cover a 30-day nursing home stay. What amount, if any, must he include in income if actual nursing home costs for the 30 days amounted to $7,500 and the applicable per diem limitation was $380?
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Lloyd is chronically-ill and received tax-qualified long-term care insurance benefits in 2020 amount...
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