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Get Print It249 Form 2012

X. The credit is equal to 20% of the premiums paid during the tax year for the purchase of or for continuing coverage under a qualifying long-term care insurance policy. A qualifying long-term care insurance policy is one that is approved by the New York State Superintendent of Insurance under Insurance Law section 1117 (g); and is a qualified long-term care insurance contract under Internal Revenue Code (IRC) section 7702B. (Note that section 7702B relates to policies for which a fe.

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