Long-Term Care and Accelerated Death Benefits
Use the software today! Order online and the shopping cart will e-mail you instructions on how to activate the software.
Let our trained staff import your data from excel, print and mail, and electronically file on your behalf. We can help eliminate the stress of filing information returns by providing complete, secure outsourcing solutions for IRS Forms 1042-S, 1095, 1097, 1098, 1099, 3921, 3922, 5498, 8027, 8966, 8955-SSA and W-2G. Competitive pricing. Please call our sales office at (480) 460-9311 and they can provide an estimate of the cost. Stay compliant, reduce administrative costs and know that the job will get done right.
File Form 1099-LTC, Long-Term Care and Accelerated Death Benefits, if you pay any long-term
Long-Term Care Benefits
Long-term care benefits means:
- Any payments made under a product that is advertised, marketed, or offered as long-term care insurance (whether qualified or not) and
- Accelerated death benefits (excludable in whole or in part from gross income under section 101(g)) paid under a life insurance contract or paid by a viatical settlement provider.
Starting in tax year 2016, Form 1099-LTC is now a free fillable PDF form that you can download here
Form 1099-LTC is no longer a red-ink form.
If you have 250 or more 1099-CAP forms to transmit, then you must electronically file. Our 1099-LTC service bureau can import, print and electronically file Form 1099-LTC on your behalf. Just contact sales at (480) 460-9311 and they can let you know the cost.
Furnish Copy B to the policyholder by January 31. File Copy A of this form with the IRS by February 28. If you file electronically, the due date is March 31.
1099-LTC software, form 1099-LTC, Long-Term Care and Accelerated Death Benefits, irs form 1099-LTC