ProConnect HelpIntuit HelpIntuit

Entering Form 1099-LTC reimbursements in ProConnect Tax

SOLVEDby Intuit23Updated 1 year ago

Follow these steps to enter Form 1099-LTC Reimbursements on an individual (1040) return:

  1. Go to the Input Return tab.
  2. From the left of the screen, select Deductions and choose HSA/MSA/LTC Contracts (1099-SA, 5498-SA).
  3. Select L/T Care Insurance Contracts (8853).
  4. Locate the Long-Term Care Insurance Contracts (8853) section.
  5. If the policyholder isn't the taxpayer, mark the Spouse is policyholder checkbox. If the policyholder is the taxpayer, enter the following fields:
    • First name of insured (defaults to policyholder)
    • Last name of insured (defaults to policyholder)
    • SSN of insured (defaults to policyholder)
  6. Mark any checkboxes that are applicable to your client.
  7. If the client received the 1099-LTC box 1 on a per-diem or periodic basis, use the Gross LTC payments received on per-diem or periodic basis field.
  8. Enter all applicable amounts, including the Portion of gross from qualified LTC insurance contracts.
  9. Enter the amount from Box 2 in Accelerated death benefits received (except terminally ill).
  10. Enter the amount from Form 1099-LTC in the Reimbursements received for qualified LTC services field.
    • Box 3 shows if you paid the amount in box 1 or 2 on a per-diem basis or if it was a reimbursement of actual long-term care expenses. If the insured was terminally ill, this box may not be selected.
  11. Complete all other necessary entries for Form 8853.

Related topics

Was this helpful?

You must sign in to vote, reply, or post
ProConnect Tax

Sign in for the best experience

Ask questions, get answers, and join our large community of Intuit Accountants users.

Dynamic AdsDynamic Ads