techai
New Member

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.