Your answer to this assignment should be written as a client letter answering the question posed by your client. A good example of a client letter that contains the appropriate sections is found in Chapter 2 (Exhibit 2-10). You should cite ONLY primary sources (do not use IRS Publications). At least two sources are required for full credit on the assignment. Be sure to search the Revenue Procedures to get the most current information on limitations and phase outs.

This year Tim is age 45 and is considering enrolling in an insurance program that provides for long-term care insurance. He is curious about whether the insurance premiums are deductible and, if so, what the maximum is that can be deducted in any year.