PattiF
Expert Alumni

Retirement tax questions

You can enter your 1099-LTC as Miscellaneous Income, using these steps:

  1. Click on Federal > Wages & Income   
  2. Scroll to the Less Common Income section and click on the Start/Update box next to Miscellaneous Income, 1099-A, 1099-C
  3. On the Let's Work on Any Miscellaneous Income screen, click the Start/Update box next to Long-term care account distributions (Form 1099-LTC).
  4. On the screen, Any Long-Term Care Contracts? click the Yes radio button and click Continue
  5. Continue through the interview, entering the requested information.

TurboTax will generate Form 8853 - Archer MSAs and Long-Term Care Insurance Contracts.

 

@Boparis354 

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