Form 1099-LTC

Forum|Forum|3 years ago
April 18, 2023
3 replies
28 views

Received a Form 1099-LTC for payments made to nursing home where client was chronically ill prior to her death 7/8/22. All payment are qualified to be excluded from income under the provisions of the policy when I checked with the Payor, John Hancock Life & Health. However, I am wondering if there is a spot where it needs to be entered? I have searched both the term "Form 1099-LTC" and "Long Term Care" in the Forms "Find" or search box, all to no avail... does anyone know if I can simply disregard this Form?

ProSeries Professional

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Best answer by buelfarm

Okay, what a relief ! Thought I was losing my mind b/c I was thinking of the concept of the Form 1099-SA where the distributions are reported, but then tax free if used for medical expenses, so I kept looking for a way to make that happen. Will make copy w/notes ==> thanks !

PATAX

Level 12

As far as I know, if there are no numbers to enter on the tax return, then there is nowhere to input the data on any worksheet Etc ...Just make a photocopy of it for your file.

B

buelfarmAuthorAnswer

Level 5

Okay, what a relief ! Thought I was losing my mind b/c I was thinking of the concept of the Form 1099-SA where the distributions are reported, but then tax free if used for medical expenses, so I kept looking for a way to make that happen. Will make copy w/notes ==> thanks !