long-term care benefit
Defined in 1 place of the United States Code.
For purposes of this section, the term "long-term care benefit" means—
Source
- 1996–present26 U.S.C. § 6050QInternal Revenue Code · Certain long-term care benefits · for purposes of this section
For purposes of this section, the term “long-term care benefit” means—
(1) any payment under a product which is advertised, marketed, or offered as long-term care insurance, and
(2) any payment which is excludable from gross income by reason of section 101(g).
Source
- 201326 U.S.C. § 6050QInternal Revenue Code · Certain long-term care benefits · for purposes of this section