Hi Ernie, Thanks for responding to my question. While waiting to hear from you, I did indeed find I had a 1099-LTC. Your directions to locate it were spot on, of course. However, because this is a tax qualified policy, I do not believe any monies from the insurance company are taxable. All monies paid by them went to the care agency. Also, and more importantly, line 26 of Form 8853, page 2 is "0" - as in not taxable. Is that correct?
My dilemma - Turbo is showing the amount paid by the insurance company for care as income ($8,534) which it should not, if I am correct, yet shows "0" due on the 8853. Also, the 1099 does NOT have box 4 checked telling the IRS that it is a tax-qualified LTC policy. I will call the insurance company if you concur. Thank you.
