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1099-ltc payout-in-lieu Reimbursed
How do I report a cash payment "in lieu of continuing to keep your long-term care insurance policy in force"? The #3 box on 1099-ltc is checked "Reimbursed Amount." The company has given me the total premiums paid. But your software only asks about the "per diem" box amounts. On my 1099-ltc "reimbursed amount" is checked. This is a cash payout to end the policy.
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‎June 1, 2019
6:34 PM