When you enter your Form 1099-LTC, TurboTax will generate Form 8853, Archer MSAs and Long-Term Care Insurance Contracts, to include with your tax return. Form 8853 reports taxable payments from your LTC insurance contract.
To enter your 1099-LTC in TurboTax:
- Continue your return in TurboTax Online. (If your return isn't open, you'll need to sign in and click Take me to my return.)
- Click Tax Tools (lower left side of your screen).
- Select Tools.
- In the pop-up window, select Topic Search.
- In the I'm looking for: box, type ltc.
- In the results box, highlight ltc information, then click GO.
- Follow the onscreen instructions to complete this section.
Note: If using the TurboTax CD/Download software, you'll use the Find function and the "Jump to" link (instead of "Tax Tools") to search for the topic.
Please see the FAQ below for more information. https://ttlc.intuit.com/replies/3301401
[Edited 03.31.2018 I 11:24AM PDT]
