Is form 1099-LTC, Long term care insurance reimbursement. Is this considered income? Is this taxable?

Reimbursement is paid on insurance claims for Long Term Care.

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Is form 1099-LTC, Long term care insurance reimbursement. Is this considered income? Is this taxable?

If reimbursement exceeds the total amount of medical expenses paid, then the excess would be taxable income.

Instructions for Form 1099-LTC

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