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October 2, 2022
Question

I upgrade to Turbotax premier online - and still not able to find form 1099-ltc

  • October 2, 2022
  • 2 replies
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how to I go to form 1099-ltc

2 replies

DoninGA
Employee
October 2, 2022

Click on Federal Taxes (Personal using Home & Business)

Click on Wages & Income (Personal Income using Home & Business)

Click on I'll choose what I work on (if shown)

Scroll down to Less Common Income

On Miscellaneous Income, 1099-A, 1099-C, click the start or update button

 

On the next screen - On Long-term care account distributions (Form 1099-LTC), click the start or update button

 

Or enter long-term care accounts in the Search box located in the upper right of the program screen.  Click on Jump to long-term care accounts

Critter-3
October 2, 2022

Here are the steps to enter the 1099-LTC.  The 1099-LTC form is entered in the Wages & Income section where you will be asked about the reimbursements as well as the costs/expenses.

As you work through the TurboTax interview, you will be asked for the amount from the 1099-LTC as well as actual costs/expenses. If costs/expenses are equal or greater than the reimbursed amount, none is taxable. The 1099-LTC form is entered in the Wages and Income section. Follow these steps:

  • Select Federal Taxes (top of program)
  • Select the Wages & Income (sub-tab)
  • If shown, select "Skip to all income" in order to see all income options
  • Scroll down to Less Common Income
  • Select Miscellaneous Income, 1099-A, 1099-C
  • Select Long-term account distributions (Form 1099-LTC)