No. The IRS does not instruct a payer to enter long-term care insurance premiums in Box 5 of Form 1099-R.
According to Box 5, Employee Contributions/Designated Roth Contributions or Insurance Premiums in the Instructions for Forms 1099-R and 5498:
The entry in box 5 may include any of the following: (a) designated Roth contributions or contributions actually made on behalf of the employee over the years under the plan that were required to be included in the income of the employee when contributed (after-tax contributions), (b) contributions made by the employer but considered to have been contributed by the employee under section 72(f), (c) the accumulated cost of premiums paid for life insurance protection taxable to the employee in previous years and in the current year under Regulations section 1.72-16 (cost of current life insurance protection) (only if the life insurance contract itself is distributed), and (d) premiums paid on commercial annuities. Do not include any DVECs, any elective deferrals, or any contribution to a retirement plan that was not an after-tax contribution.
Although mention is made of life insurance premiums, none is made of long-term care insurance premiums.
The payer is instructed to include charges or payments for qualified long-term care insurance contracts under combined arrangements in Box 1.
