Form 1099-LTC

[buelfarm]

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? 

[PATAX]

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.

[buelfarm · Accepted solution]

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]

You're welcome

[Jim-from-Ohio]

cannot be ignored.. call up 1099-LTC and there is a worksheet where you can show the expenses. 

[buelfarm]

Where would that be?  I have looked everywhere in the software and searched various parameters with NO results ... 

[Jim-from-Ohio]

Cick on Greern Where Do I Enter?

Start typing 1099 LTC

[qbteachmt]

I searched google using:

proseries 1099-ltc

And found the help article:

https://proconnect.intuit.com/support/en-us/help-article/form-1099/entering-information-form-1099-lt...

[buelfarm]

Yikes !  How did I miss that obvious?!  I was typing in the search bar below that Green button, and in the Forms search with Form 1099-LTC - thanks !  I am all set now ... 

[buelfarm]

Thank you 🙂