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Click on Federal Taxes (Personal using Home & Business)
Click on Wages & Income (Personal Income using Home & Business)
Click on I'll choose what I work on (if shown)
Scroll down to Less Common Income
On Miscellaneous Income, 1099-A, 1099-C, click the start or update button
On the next screen - On Long-term care account distributions (Form 1099-LTC), click the start or update button
Or enter long-term care accounts in the Search box located in the upper right of the program screen. Click on Jump to long-term care accounts
Here are the steps to enter the 1099-LTC. The 1099-LTC form is entered in the Wages & Income section where you will be asked about the reimbursements as well as the costs/expenses.
As you work through the TurboTax interview, you will be asked for the amount from the 1099-LTC as well as actual costs/expenses. If costs/expenses are equal or greater than the reimbursed amount, none is taxable. The 1099-LTC form is entered in the Wages and Income section. Follow these steps:
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