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IRS Form 1099-LTC (Tax Year 2025)

Long-Term Care and Accelerated Death Benefits

Software

$289.95

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Outsourcing

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IRS Form 1099-LTC reports payments from a long-term care (LTC) insurance contract or accelerated death benefits. Insurance companies and financial institutions issue this form to both taxpayers and the IRS. It is used when benefits are paid from a long-term care policy, or when accelerated death benefits are triggered by a terminal illness or certain chronic conditions. 

The IRS now requires electronic filing of 10 or more information returns beginning with tax year 2023.

 

Key Requirements
  • If you filed a TCC application before September 26, 2021, you must reapply and verify identity through ID.me.

  • Paper filing is only allowed if you have 10 or fewer returns.

  • As a result, more companies are adopting third-party e-filing services.

Get Help

Contact 1099FIRE at (480) 706-6474 to discuss outsourcing options and ensure compliance with the new rules.

Excel Integration

Quickly import data from Excel (XLS or XLSX). Download a sample file to get started.

Copy B can be printed with or without instructions and SSN masking. Print on plain paper with black ink, bi- or tri-fold and stuff into any 2-window envelope and the payer and recipient mailing address will line up perfectly. Or print to PDF. 

1098 software will generate a file formatted according to Publication 1220, Specifications for Electronic Filing of Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G.

The system is updated each year to reflect format changes that are made by the IRS. 1099FIRE is the only company to offer OneTouch E-Filing. One click of a button will automatically upload data directly to the IRS FIRE system using your login credentials. A receipt of your file will be displayed on screen.

1098 software is valid for the current tax year and prior tax years. Renewals can be purchased at a reduced cost. 

Original Filings

Submit brand-new returns confidently with our software or outsourcing service.

Corrections

Quickly fix errors and resubmit corrected forms to stay compliant.

Prior Years

Electronically file late or amended returns for past tax years without hassle.


Our solutions are designed to handle every filing scenario—whether current, corrected, or prior year.

Furnish Copy B to the borrower by January 31. File electronically by March 31.

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