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

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.

posted

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

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