How To Deduct Long Term Care Insurance From Taxes? 
Very generally speaking , if you are an individual who is paying your own long term care premiums , you would add the premiums to your other medical expenses for that year , and itemize those medical expenses as you would normally do . If you are self employed , you are allowed to deduct 100 % of your long term care premiums as a business expense . There are many additions and variations of this , but this is how to deduct long term care insurance in two situations . 