Get your taxes done using TurboTax

Critter-3 · ‎October 2, 2022

Here are the steps to enter the 1099-LTC. The 1099-LTC form is entered in the Wages & Income section where you will be asked about the reimbursements as well as the costs/expenses.

As you work through the TurboTax interview, you will be asked for the amount from the 1099-LTC as well as actual costs/expenses. If costs/expenses are equal or greater than the reimbursed amount, none is taxable. The 1099-LTC form is entered in the Wages and Income section. Follow these steps:

Select Federal Taxes (top of program)
Select the Wages & Income (sub-tab)
If shown, select "Skip to all income" in order to see all income options
Scroll down to Less Common Income
Select Miscellaneous Income, 1099-A, 1099-C
Select Long-term account distributions (Form 1099-LTC)