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1099-LTC

yeknod
Level 3

TP Received a 1099-LTC. 

Gross Long-Term Care Benefits Paid 1 50K only item on the 1099 ltc.

From what I see on the flowchart it looks like nothing needs to be entered n the TP's return.  There were no per-diem or accelerated benefits.

Is that correct?

 

 

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1 Comment 1
Just-Lisa-Now-
Level 15
Level 15

If it was for reimbursed expenses, I dont enter it anywhere, I just make sure were not double dipping on medical expenses on Sch A.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪