topic Where do I enter long term care recieved in Retirement tax questions

Where do I enter long term care recieved

lesroth — Sat, 01 Feb 2020 22:28:51 GMT

Re: Where do I enter long term care recieved

ColeenD3 — Sun, 02 Feb 2020 21:56:00 GMT

You'll receive Form 1099-LTC if you got money from long-term insurance or life insurance under an accelerated death benefits clause.

Here's how to enter your 1099-LTC into TurboTax:

Open (continue) your return if it's not already open.
Search for this exact phrase (copy/paste strongly recommended): 1099-ltc, long-term care - distribution and select the Jump to link.
On the Any Long-Term Care Contracts? screen, answer Yes to the first question (and Yes to the second question if it applies, otherwise No) and select Continue.
Follow the instructions. If you need Form 1099-LTC we'll fill it out for you.

Note: In TurboTax Online Free Edition, you'll be prompted to upgrade to Deluxe.

Re: Where do I enter long term care recieved

d2w2 — Tue, 31 Mar 2020 00:32:31 GMT

The information given is incorrect.

go to Fed Taxes tab go down to less common income click the button then enter the search for 1099ltc

Re: Where do I enter long term care recieved

DianeC958 — Tue, 31 Mar 2020 14:44:43 GMT

If you go to Less Common Income under Wages & Income and then click on Miscellaneous Income, 1099-A, 1099-C, on the next page is the option for Long Term Care Account Distributions (Form 1099-LTC).

In this section you can enter the information from your 1099-LTC.

@d2w2