It depends. Anything between 50 and 99 cents gets rounded to $1 which is reportable. Anything 49 cents and below gets rounded to $0 and is not reportable.
IRS ...
The expected return on the contract is the amount a plan participant is likely to receive over many years.
If life expectancy is a factor under your plan, you ...
You can enter long-term care reimbursements in the long-term care section.
Here's how to enter your 1099-LTC into TurboTax:
Open (continue) your return if i...
Nothing happens until you sell your investment. At that time, you can claim a loss.
The interest you paid tax on would be added to the cost of your investment ...
If you’re unable to get your Form W-2 from your employer, contact the Internal Revenue Service at 800-TAX-1040. The IRS will contact your employer or payer and ...
