Currently a fifty percent income tax deduction is allowed for non-reimbursed amounts paid for qualified long-term care insurance premiums to the extent the amounts are included in an individual's adjusted gross income. For taxable years beginning after January 1, 2006, Missouri residents will be allowed to deduct from their taxable income an amount equaling 100% of all non-reimbursed amounts paid for qualified long-term care insurance premiums to the extent the amounts are included in the individual's adjusted gross income.

JASON ZAMKUS