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V3346-23 ·29 December 2023 ·consulta-vinculante Medium impact
Tax

Long-term care insurance premiums exceeding the joint financial limit are not deductible for IRPF purposes

A taxpayer inquired whether they could apply pending reductions from long-term care insurance premiums paid in previous years to their 2022 tax return. The Directorate General for Taxes (DGT) ruled that deductions are only permitted for excesses resulting from insufficient taxable base or the percentage limit, not for amounts that exceed the maximum financial limit.

In 6 key points

How it affects those involved

This ruling clarifies that the maximum financial limit for long-term care insurance premiums acts as an absolute ceiling, preventing taxpayers from carrying forward or applying deductions for premiums that exceed this specific threshold.

Lifecycle

2023-12-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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