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If I was in a nursing home and received long term care benefits to pay for a portion of the monthly nursing home fee, do I pay taxes on that?

I received a statement for the form 1099-LTC

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If I was in a nursing home and received long term care benefits to pay for a portion of the monthly nursing home fee, do I pay taxes on that?

No, you will report the payments,, but you will not be taxed.

Similar to a HSA, as long these payments are for care, you are not taxed.

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