Form 1099-LTC

A form that an insurer files with the IRS to report accelerated death benefits or long-term care benefits paid to a policyholder on behalf of the insured. The policyholder receives a copy of Form 1099-LTC, which may affect his/her taxable income.

Mentioned in

Inst 1099-LTC

References in periodicals archive

* Form 1099-LTC, Long-Term Care and Accelerated Death Benefits, for insurance companies and other payers to report aggregate benefits paid and other information.

New forms for MSA and SIMPLE plans

* Form 1099-LTC, Long-Term Care and Accelerated Death Benefits: Payments under long-term care insurance contracts and accelerated death benefits paid under life insurance contracts must be reported on Form 1099-LTC.

Businesses face new and revised information return requirements

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