Can I take a tax deduction for my long-term-care insurance premiums?
Take Our Quiz: Is It Tax Deductible?Maybe. If you have a tax-qualified long-term-care insurance policy, you may be able to deduct a portion of your premiums as a medical expense. (Most traditional long-term-care policies qualify, but ask your insurer.) You can deduct eligible out-of-pocket medical expenses only if you itemize your deductions, and then only the portion of medical expenses that is more than 10% of your adjusted gross income (7.5% if you are 65 or older). For example, if you're 50 years old and your adjusted gross income is $50,000, you can deduct eligible out-of-pocket medical expenses above $5,000.
The amount that counts toward the deduction for long-term-care policies is based on your age. If you're 40 or younger, you can count up to $380 you paid in qualified long-term-care premiums in 2015. You can count up to $710 if you're 41 to 50, $1,430 if you're 51 to 60, $3,800 if you're 61 to 70, and $4,750 if you're 71 or older (the amount that qualifies is slightly higher for 2016). These limits are for each person, so a couple filing jointly can each count the premiums they paid up to the limit for their ages.
Hot High Tech Stocks To Invest In 2019: NanoString Technologies, Inc.(NSTG)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on NanoString Technologies (NSTG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
NanoString Technologies (NASDAQ: NSTG) is one of 91 publicly-traded companies in the “Biological products, except diagnostic” industry, but how does it contrast to its competitors? We will compare NanoString Technologies to related businesses based on the strength of its earnings, profitability, institutional ownership, dividends, risk, valuation and analyst recommendations.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on NanoString Technologies (NSTG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin] Gainers Forward Pharma A/S (NASDAQ: FWP) shares gained 88.18 percent to close at $4.14 on Tuesday. Regional Health Properties, Inc. (NYSE: RHE) shares jumped 18.04 percent to close at $0.3010 on Tuesday. Precipio, Inc. (NASDAQ: PRPO) shares gained 16.61 percent to close at $0.49 after the nano-cap specialty diagnostics company said it saw an acceleration of sales in its Pathology services in April. The company now expects to see a sequential double digit quarterly sales growth. Arcturus Therapeutics Ltd. (NASDAQ: ARCT) rose 16.09 percent to close at $7.00 on Tuesday. America's Car-Mart, Inc. (NASDAQ: CRMT) gained 14.53 percent to close at $62.65 after reporting upbeat Q4 results. NanoString Technologies, Inc. (NASDAQ: NSTG) shares surged 12.64 percent to close at $13.19. Geron Corporation (NASDAQ: GERN) gained 12.12 percent to close at $4.07 on Tuesday. Quotient Limited (NASDAQ: QTNT) shares climbed 11.58 percent to close at $6.55 on Tuesday. American Equity Investment Life Holding Company (NYSE: AEL) rose 11.23 percent to close at $32.28 following a report from Reuters that the company is looking for a sale. iQIYI, Inc. (NASDAQ: IQ) gained 11.15 percent to close at $22.52. Veracyte, Inc. (NASDAQ: VCYT) rose 10.4 percent to close at $7.11. Stein Mart, Inc. (NASDAQ: SMRT) gained 10.26 percent to close at $3.33. Stein Mart is expected to release quarterly earnings on May 23. MiMedx Group, Inc. (NASDAQ: MDXG) shares rose 10.11 percent to close at $8.06. The Container Store Group, Inc. (NYSE: TCS) gained 8.2 percent to close at $8.18. Container Store reported weaker-than-expected earnings for its fourth quarter after the closing bell. Photronics, Inc. (NASDAQ: PLAB) shares gained 7.69 percent to close at $9.10 after the company reported upbeat Q2 results. Micron Technology, Inc. (NASDAQ: MU) rose 6.4 percent to close at $59.03 after reporting a $10 billion buyback plan.
- [By Max Byerly]
Cellular Biomedicine Group (NASDAQ: NSTG) and NanoString Technologies (NASDAQ:NSTG) are both small-cap medical companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, earnings, valuation, dividends, profitability, risk and analyst recommendations.
- [By Stephan Byrd]
Shares of NanoString Technologies Inc (NASDAQ:NSTG) have been assigned an average rating of “Buy” from the eight ratings firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $18.00.
Hot High Tech Stocks To Invest In 2019: First BanCorp.(FBP)
Advisors' Opinion:- [By Stephan Byrd]
Shares of First Bancorp (NYSE:FBP) have earned an average rating of “Buy” from the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have covered the stock in the last year is $9.63.
- [By Logan Wallace]
Prudential Financial Inc. lessened its position in First BanCorp (NYSE:FBP) by 16.5% in the first quarter, Holdings Channel reports. The institutional investor owned 906,869 shares of the bank’s stock after selling 179,820 shares during the period. Prudential Financial Inc.’s holdings in First BanCorp were worth $5,459,000 at the end of the most recent quarter.
- [By Ethan Ryder]
Voya Investment Management LLC lowered its position in First Bancorp (NYSE:FBP) by 83.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 400,520 shares of the bank’s stock after selling 1,959,886 shares during the period. Voya Investment Management LLC owned approximately 0.19% of First Bancorp worth $3,064,000 as of its most recent SEC filing.
- [By Logan Wallace]
Press coverage about First BanCorp (NYSE:FBP) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. First BanCorp earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 47.5369094230747 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
- [By Ethan Ryder]
First Bancorp (NYSE:FBP) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.
Hot High Tech Stocks To Invest In 2019: Apple Inc.(AAPL)
Advisors' Opinion:- [By Elizabeth Balboa]
Many companies build storage systems with proprietary code and technology, or they use the data differently, which makes it difficult to transfer, say, a Spotify list to Apple Inc. (NASDAQ: AAPL)'s iTunes.
- [By Ashraf Eassa]
In November 2017, chip giant Broadcom (NASDAQ:AVGO) offered to buy fellow chipmaker Qualcomm (NASDAQ:QCOM) for $70 per share, a 28% premium to Qualcomm's closing price before speculation about the bid leaked. Qualcomm shares had been significantly depressed prior to Broadcom's offer amid an ugly legal battle with Apple (NASDAQ:AAPL) that threatened to destroy Qualcomm's wireless technology licensing operation -- its biggest profit center.
- [By Stephan Byrd]
Apple Inc. (NASDAQ:AAPL) has earned an average rating of “Buy” from the fifty-two ratings firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and thirty have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $221.51.
- [By Paul Ausick]
The Dow stock posting the largest daily percentage gain ahead of the close Thursday was Apple Inc. (NASDAQ: AAPL) which traded up 2.13%% at $225.77. The stock’s 52-week range is $149.16 to $229.67. Volume was about 33% higher than the daily average of around 26.6 million shares. The company introduced new products on Wednesday and the market liked what it heard more than it disliked it.
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