Retirement tax questions

You report the amount on your 1099-LTC as income; however, in the same section in TurboTax, you report the amount of expenses associated with this income, so that the benefits are not taxable.

Please follow these steps:

1. Log into Turbo Tax.
2. Go to federal>income and expenses>less common income
3. Go to the bottom of that section and select Miscellaneous Income, 1099-A, 1099.
4. Select Long-term care account distributions (Form 1099-LTC)