Long term care taxability question
My father-in-law passed away in 2024 and my mother-in-law is in long-term care. My wife is receiving payments from his long term care policy to take care of her. Are those payments taxable?
My father-in-law passed away in 2024 and my mother-in-law is in long-term care. My wife is receiving payments from his long term care policy to take care of her. Are those payments taxable?
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