Long Term Care Insurance benefits are generally not taxable as income. According to the IRS, qualified Long Term Care Insurance policies are considered tax-qualified, and benefits received from these policies are typically not included in gross income. This means that the benefits paid out to the policyholder are generally not subject to federal income tax. However, it's important to note that there are certain limits to the tax-free benefits, which are adjusted annually. For 2024, the maximum tax-free benefits for Long Term Care Insurance policies are based on the age of the insured individual. It's important to consult a tax professional or refer to IRS guidelines for specific details regarding the tax treatment of Long Term Care Insurance benefits.