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posted Jan 30, 2024 8:32:11 AM

Using Deluxe downladed version. Do not get the Long-Term Care screens. I have a 1099-LTC to enter. How do I do it?

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4 Replies
Expert Alumni
Jan 30, 2024 9:05:47 AM

This is available in TurboTax Desktop and you can use the following steps. It must be entered using the steps below.

 

Here's how to enter your 1099-LTC into TurboTax (Step-by-Step vs Search):

  1. Open (continue) your return if it's not already open.
  2. Select Wages and Income > Less Common Income > Miscellaneous Income > Long-term care account distributions
  3. 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.
  4. Follow the instructions. If you need Form 1099-LTC we'll fill it out for you.

Level 3
Jan 30, 2024 11:31:00 AM

Following those links, I come to the 1099-LTC section. My form has "Reimbursement amount" checked in Box 3, it does not have "Per diem" checked.  When I go through the screens, there is nowhere to enter the amount in Box 1 "Gross long-term care benefits paid".  Is that correct?

Expert Alumni
Jan 30, 2024 12:12:05 PM

Not quite.  Keep going through the screens until you see one that asks about Long-Term Care costs.  There will be a place to enter a number of days of care, the total cost of the care received, and the reimbursements you received.  The reimbursements would be the amount reported in box 1 of your 1099-LTC.

 

@Payer06 

Level 3
Jan 30, 2024 12:17:58 PM

My 1099-LTC does not have an entry for a number of days or the total cost of care received, only a Box 1 Gross long-term care benefits paid.  Box 3 only has "Reimbursement amount" checked, not per diem.

 

If I use information from my records on number of days and total cost, it tells me the amounts are not taxable. Should I be using my records for this information?

 

EDIT: Reading the instructions to Form 8853 (the form TT is using), if the payment is not "Per diem" (as defined) and not a death benefit, then 8853 should not be filled out.  The TT instructions should be fixed to make this clear.