Customer and spouse (MFJ) will be using MEDICAL and LTC insurance as SE medical subtractions.
The wife has the "C" but both of their premium amounts will be used.
Do I fill in 2 separate 7206 Forms (one for each) for the same schedule "C"?
If I put them both on one, the total LTC premiums will exceed the 7206 amount allowed.
Individually, both LTC amounts are within the allowed limits.
Thanks for comments.
The wife has the "C" but both of their premium amounts will be used.
Do I fill in 2 separate 7206 Forms (one for each) for the same schedule "C"?
If I put them both on one, the total LTC premiums will exceed the 7206 amount allowed.
Individually, both LTC amounts are within the allowed limits.
Thanks for comments.
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