Get Form 1099-ltc - Internal Revenue Service - Irs

This guide provides clear and supportive instructions on how to properly fill out Form 1099-LTC, used for reporting long-term care and accelerated death benefits. Following this step-by-step process will help ensure accurate submission of your form online.

Follow the steps to complete the Form 1099-LTC online effectively.

1. Click ‘Get Form’ button to obtain the form and open it in the online editor.
2. Begin by entering the payer’s name, street address, city or town, state or province, country, ZIP code or foreign postal code, and telephone number in the designated fields.
3. In box 1, input the total gross long-term care benefits paid during the year.
4. In box 2, enter the total accelerated death benefits paid during the year.
5. Provide the payer’s federal identification number in the specified box.
6. Input the policyholder's identification number and their name in the respective fields.
7. In box 3, check whether the benefits were paid on a per diem basis or were reimbursements for actual long-term care expenses.
8. If applicable, indicate whether the benefits are from a qualified long-term care insurance contract in box 4.
9. Complete box 5 to check if the insured is chronically ill or terminally ill, and provide the date certified.
10. Once all the fields are filled, review the form for accuracy, and then save changes to download, print, or share the completed form as needed.

Complete your Form 1099-LTC online now for accurate and timely submission.