What should I do if Long term care costs paid in 2019. Were reimbursed by the LTC Insurance Company in the January of 2020?
I feel these reimbursements should be recognized on the 2019 tax return, so they off set the payments made by my Mother-in-Law to her LTC facility in 2019. Am I thinking correctly? If I don't use them to offset her 2019 payments made, she will end up being taxed on money she should not be taxed on.
Thanks.
