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Do payments received under a Qualified Term Care Policy
Second opinion] Do payments received under a Qualified Long Term Care Policy reduce the amount paid for medical expenses deducted for Federal Income… read more
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My mom is my dependent on my tax reurn for 2017. She has
my mom is my dependent on my tax reurn for 2017. She has a1099 LTC issued to her by her insurance company for benefits paid for her care. The per diem box is checked. How do Icfind out how much of the… read more
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how do I know the accountant is knowledgeable and legit? … read more
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I got a 1099-LTC form for medical reimbursement from a
I got a 1099-LTC form for medical reimbursement from a qualified contract - do I need to report that on form 8853 - it was not as per diem but as reimbursed amount … read more
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I need advice whether I need to pay taxes on my mom's LTC
I need advice whether I need to pay taxes on my mom's LTC benefits on my taxes. She is my dependent on tax returns. … read more
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LTC policy purchased in 1996 ,benefits paid to nursing
LTC policy purchased in 1996 ,benefits paid to nursing service for 2016. policy at time of purchased deemed to qualified under IRS rules. Wife reccieved in home health care. benefits paid directly to … read more
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Where to we enter Form 1099-LTC on tax return, Form shows
Form shows reimbursed per diem - where do we deduct allowable medical expense? m … read more
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I have a 1099LTC - the box is marked not checked per-diem-
I have a 1099LTC for 2015- the box is marked not checked per-diem- do i need to file the form 8853… read more
NPVAdvisor
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I received a 1099 LTC husband. Do I enter them as reimbursed
I received a 1099 LTC for benefits for my husband. Do I enter them as reimbursed medical expenses on my 1040 tax form to offset nursing home expenses?… read more
NPVAdvisor
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Taxpayer, 88, received 1099-LTC back years per diem
Taxpayer, 88, received 1099-LTC for three back years per diem benefits. Total payment over 70K. Does all of payment get reported as income for 2015?… read more
Lev
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I came across the following conversation which I read as
I came across the following conversation which I read as saying that I can deduct medical expenses that are reimbursed with tax free per diem long term care reimbursements. Angie tonight came and said… read more
Megan C
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I did a search diem term care and got a chat you had with
I did a search for per diem long term care and got a chat you had with someone related to this topic. You stated that "the reimbursed amount may also be used on Schedule A for medical expenses" Am I u… read more
Angie
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in north carolina do i need to file a 1041 fathers estate?
in north carolina do i need to file a 1041 for my fathers estate? deceased 1/16/14 it was valued at 500,000… read more
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My husband received a per-diem payment from a qualified LTC
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My MIL moved into assisted Living Jan, 2012. We just found
My MIL moved into assisted Living Jan, 2012. We just found out that her claim for Long Term Care benefits was approved. She will be getting her first benefit payment in January of 2012 and it will cov… read more
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How should I enter income from long-term care benefits for
How should I enter income from long-term care benefits for an 84-year-old woman? The IRS Form 1040 instructions deal with pensions and annuities, but it seems LTC benefits aren't either of those thing… read more
Robin D.
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My grandmother was in a nursing home once medicare was done
My grandmother was in a nursing home once medicare was done paying her nursing home insurance kicked in. @ 100.oo per day. She has since came home and has private health care workers. She received 2 1… read more
socrateaser
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Do you have topay federal tax on long term care benefits
Taxpayer is in assisted living and received a monthly per diem payment to offset costs from a long term care insurance policy… read more
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