turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Long Term Care 1099-LTC

My Form 1099-LTC does not have a mark in Box 3. Yet TurboTax is asking me questions such as "LTC Number of Days" and "Costs of Qualified Long Term Care Services"  Can't get past these questions in TurboTax -- says its an error to leave them blank. Help!

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
SantinoD
Expert Alumni

Long Term Care 1099-LTC

If you received a 1099-LTC that means you received benefits for Long term care. Generally, your LTC reimbursement is only taxable if they exceed your medical expenses. Be sure to answer the TurboTax follow-up questions in the 1099-LTC interview to ensure it is being reported correctly.

 

You report the amount on your 1099-LTC as income; however, in the same section in TurboTax, you report the amount of expenses associated with this income, so that the benefits are not taxable.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question