Iodine is important for a person's thyroid to function normally. (The thyroid is a gland in the neck that makes key hormones.) It is found in small amounts in other foods, including saltwater fish, seaweed, shellfish, yogurt, milk, eggs, cheese and a handful of other edibles.
Qualified Long-Term Care. Qualified Long-Term Care. Non-taxable benefits one receives from a long-term care insurance policy covering a long-term, non-life-threatening condition. In order for the benefits to be non-taxable, one must require care for at least 90 days and must be unable to perform at least two of the activities of daily living.
The premiums paid for this insurance qualify for the credit even if the policy is not approved by the New York State Superintendent of Insurance.A qualified long-term care insurance contract under IRC section 7702B is an insurance contract that provides only coverage of qualified long-term care services.