Page 17

- 17 -

Filing Status Threshold amount Phase-in range amount Married Individuals Filing Joint Returns $364,200 $464,200 Married Individuals Filing Separate Returns $182,100 $232,100 All Other Returns $182,100 $232,100

.28 Eligible Long-Term Care Premiums. For taxable years beginning in 2023, the limitations under § 213(d)(10), regarding eligible long-term care premiums includible in the term “medical care,” are as follows: Attained Age Before the Close of the Taxable Year Limitation on Premiums 40 or less $480 More than 40 but not more than 50 $890 More than 50 but not more than 60 $1,790 More than 60 but not more than 70 $4,770 More than 70 $5,960 .29 Medical Savings Accounts. (1) Self-only coverage. For taxable years beginning in 2023, the term “high deductible health plan” as defined in § 220(c)(2)(A) means, for self-only coverage, a health plan that has an annual deductible that is not less than $2,650 and not more than $3,950, and under which the annual out-of-pocket expenses required to be paid (other than for premiums) for covered benefits do not exceed $5,300. (2) Family coverage. For taxable years beginning in 2023, the term “high deductible health plan” means, for family coverage, a health plan that has an annual deductible that is not less than $5,300 and not more than $7,900, and under which the annual out-of-pocket expenses required to be paid (other than for premiums) for covered benefits do not exceed $9,650.

loading…

Page 17

Official source

- 17 -

Filing Status Threshold amount Phase-in range amount Married Individuals Filing Joint Returns $364,200 $464,200 Married Individuals Filing Separate Returns $182,100 $232,100 All Other Returns $182,100 $232,100

.28 Eligible Long-Term Care Premiums. For taxable years beginning in 2023, the limitations under § 213(d)(10), regarding eligible long-term care premiums includible in the term “medical care,” are as follows: Attained Age Before the Close of the Taxable Year Limitation on Premiums 40 or less $480 More than 40 but not more than 50 $890 More than 50 but not more than 60 $1,790 More than 60 but not more than 70 $4,770 More than 70 $5,960 .29 Medical Savings Accounts. (1) Self-only coverage. For taxable years beginning in 2023, the term “high deductible health plan” as defined in § 220(c)(2)(A) means, for self-only coverage, a health plan that has an annual deductible that is not less than $2,650 and not more than $3,950, and under which the annual out-of-pocket expenses required to be paid (other than for premiums) for covered benefits do not exceed $5,300. (2) Family coverage. For taxable years beginning in 2023, the term “high deductible health plan” means, for family coverage, a health plan that has an annual deductible that is not less than $5,300 and not more than $7,900, and under which the annual out-of-pocket expenses required to be paid (other than for premiums) for covered benefits do not exceed $9,650.