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posted Jun 3, 2019 4:57:03 PM

Where in the Turbo Tax Questions do I post our 2018 Long Term Care ins. premiums cost to get them to flow thru to the Turbo Tax WI return as a subtraction from income?

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1 Best answer
Intuit Alumni
Jun 3, 2019 4:57:04 PM

To enter your Long Term Care Insurance premiums. please follow these steps:

 

  1. Click on Taxes > Deductions & Credits 
  2. In the Medical section, click on the Start/Revisit box next to Medical Expenses
  3. If you haven't yet entered any medical expenses, TurboTax will ask you if your total medical expenses exceed a certain number.       
  4. If you think your total medical expenses will exceed that number, click the blue Yes box and continue through the interview, entering the requested information on your medical expenses.
  5. On the screen, How much did you spend on insurance premiums? enter the premiums in the Gross Long-term care Premium box for either you or the your spouse.
  6. This amount will transfer to the Wisconsin return.  It will appear in the interview on the screen, Here's the income that Wisconsin handles differently.  It will also appear on WI Form 1, line 11, Other Subtractions.

 

[Edited | 4/14/2020 |  12:07am PDT]



1 Replies
Intuit Alumni
Jun 3, 2019 4:57:04 PM

To enter your Long Term Care Insurance premiums. please follow these steps:

 

  1. Click on Taxes > Deductions & Credits 
  2. In the Medical section, click on the Start/Revisit box next to Medical Expenses
  3. If you haven't yet entered any medical expenses, TurboTax will ask you if your total medical expenses exceed a certain number.       
  4. If you think your total medical expenses will exceed that number, click the blue Yes box and continue through the interview, entering the requested information on your medical expenses.
  5. On the screen, How much did you spend on insurance premiums? enter the premiums in the Gross Long-term care Premium box for either you or the your spouse.
  6. This amount will transfer to the Wisconsin return.  It will appear in the interview on the screen, Here's the income that Wisconsin handles differently.  It will also appear on WI Form 1, line 11, Other Subtractions.

 

[Edited | 4/14/2020 |  12:07am PDT]