Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 7, 2024 1:15:25 PM

insurance policy

I cashed in a long term care policy The company said it was a non taxable policy. 

The only thing i can see on the cover of the policy is      (This certificate is intended to be a Qualified long term care Insurance contract) Dos that statement mean non taxable  

0 3 490
3 Replies
Level 15
Oct 7, 2024 3:19:44 PM

New Member
Oct 8, 2024 12:43:37 PM

so how do i report this on my taxes. Thanks

Level 15
Oct 8, 2024 12:50:05 PM