Form IT-249:2019:Claim for Long-Term Care Insurance Credit-2026

1. Click ‘Get Form’ to open Form IT-249 in the editor.
2. Begin by entering your name(s) and identifying number as shown on your tax return at the top of the form.
3. Proceed to Schedule A. Here, input the qualified long-term care insurance premiums paid for the current tax year in line 1. Multiply this amount by the credit rate (20%) indicated in line 2 to calculate your credit for qualified long-term care insurance in line 3.
4. For fiduciaries, include the amount from line 3 in Schedule D, column C. All others should enter this amount on Schedule E, line 8.
5. If applicable, complete Schedule B with details about any partnerships or S corporations you were involved with, including their names and employer ID numbers.
6. In Schedule C, enter your share of credits from partnerships and S corporations as instructed. Ensure totals are calculated correctly.
7. Complete Schedule D by listing beneficiary names and their respective shares of qualified long-term care insurance credit.
8. Finally, compute total credits available for the current year in Schedule E and follow through with any additional schedules required based on residency status.

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