Instructions For Form 1099-Ltc - 2006 Page 2
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26Instructions for Insured
A payer, such as an insurance company or a viatical
Box 1. Shows the gross benefits paid under a long-term
settlement provider, must give this form to you and to the
care insurance contract during the year.
policyholder for payments made under a long-term care
Box 2. Shows the gross accelerated death benefits paid
insurance contract or for accelerated death benefits.
during the year.
Payments include both benefits you received directly and
Box 3. Shows if the amount in box 1 or 2 was paid on a
expenses paid on your behalf to third parties.
per diem basis or was reimbursement of actual long-term
If you are the insured but are not the policyholder, Copy
care expenses. If you are terminally ill, this box may not
C is provided to you for information only because these
be checked.
payments are not taxable to you. If you are also the
Box 4. May show if the benefits were from a qualified
policyholder, you should receive Copy B.
long-term care insurance contract.
Account number. May show an account or other unique
Box 5. May show if you were certified chronically ill or
number the payer assigned to distinguish your account.
terminally ill, and the latest date certified.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial