Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Important Changes This Year

Standard and Itemized Deductions

Eligible Long-Term Care Premium Limits

For 2025, the maximum amount of qualified long-term care premiums includible as medical expenses has increased. Qualified long-term care premiums up to the amounts shown below can be included as medical expenses on Schedule A (Form 1040), Itemized Deductions, or in calculating the self-employed health insurance deduction.

  • Age 40 or less: $480
  • More than 40 but not more than 50: $900
  • More than 50 but not more than 60: $1,800
  • More than 60 but not more than 70: $4,810
  • More than 70: $6,020
Tip

The limit on premiums is for each person. For calendar year 2025, gross income includes the amount received under a long-term care policy in excess of the per-diem amount of $420 (an increase of $10) or the actual cost of long-term care services, if more.

Health Savings Account (HSA) Deduction

For 2025, the annual contribution limits on deductions for HSAs for individuals with self-only coverage is $4,300 (increase of $450) and $8,550 for family coverage (increase of $250). There is an additional contribution amount of $1,000 for taxpayers who are age 55 or older.