New York State Tax Credit for 2005

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New York State Tax Credit for 2006

New York State Taxpayers who pay premiums for qualified long-term care insurance
may claim a credit against their personal income tax.

For 2006, the credit is equal to 20% of the premiums paid during the tax year for the purchase of or for continuing coverage under a qualifying long-term care insurance policy.: NYS Form IT 249

For more info, please check with your tax professional.