Form 1099-LTC (Rev. April 2025)

Status: Original and derived artifacts are available for this document.

Download: pdf

9393

VOID

CORRECTED

PAYER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.

1 Gross long-term care
benefits paid

OMB No. 1545-1519
Form

PAYER’S TIN

POLICYHOLDER’S TIN

$

(Rev. April 2025)

2 Accelerated death benefits
paid

For calendar year

$

INSURED’S TIN

Street address (including apt. no.)

Street address (including apt. no.)

Account number (see instructions)
Form 1099-LTC (Rev. 4-2025)

4 Qualified contract
(optional)
Cat. No. 23021Z

Accelerated Death
Benefits
Copy A

For
Internal Revenue
Service Center

POLICYHOLDER’S name

3 Check one:
Per
Reimbursed
diem
amount
INSURED’S name

City or town, state or province, country, and ZIP or foreign postal code

1099-LTC Long-Term Care and

For filing information,
Privacy Act, and
Paperwork Reduction
Act Notice, see the
City or town, state or province, country, and ZIP or foreign postal code
General Instructions
for Certain
Information Returns.
5 Check, if applicable
Chronically ill Date certified
(optional):

www.irs.gov/Form1099LTC

Terminally ill

www.irs.gov/Form1099

Department of the Treasury - Internal Revenue Service

Do Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page

CORRECTED (if checked)
PAYER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.

1 Gross long-term care
benefits paid

OMB No. 1545-1519
Form

PAYER’S TIN

POLICYHOLDER’S TIN

$

(Rev. April 2025)

2 Accelerated death benefits
paid

For calendar year

$

INSURED’S TIN

3

Per
Reimbursed
diem
amount
INSURED’S name

POLICYHOLDER’S name

Street address (including apt. no.)
City or town, state or province, country, and ZIP or foreign postal code
Account number (see instructions)
Form 1099-LTC (Rev. 4-2025)

4 Qualified contract
(optional)

(keep for your records)

1099-LTC Long-Term Care and

Accelerated Death
Benefits
Copy B
For Policyholder

This is important tax
information and is being
furnished to the IRS. If
you are required to file a
return, a negligence
Street address (including apt. no.)
penalty or other
sanction may be
imposed on you if this
City or town, state or province, country, and ZIP or foreign postal code
item is required to be
reported and the IRS
determines that it has
5 (optional)
Chronically ill Date certified
not been reported.
Terminally ill
www.irs.gov/Form1099LTC

Department of the Treasury - Internal Revenue Service

Instructions for Policyholder
A payer, such as an insurance company or a viatical settlement provider, must
give this form to you for payments made under a long-term care insurance
contract or for accelerated death benefits. Payments include those made
directly to you (or to the insured) and those made to third parties.
A long-term care insurance contract provides coverage of expenses for longterm care services for an individual who has been certified by a licensed health
care practitioner as chronically ill. A life insurance company or viatical settlement
provider may pay accelerated death benefits if the insured has been certified
either by a physician as terminally ill or by a licensed health care practitioner as
chronically ill.
Long-term care insurance contract. Generally, amounts received under a
qualified long-term care insurance contract are excluded from your income.
However, if payments are made on a per diem basis, the amount you may
exclude is limited. The per diem exclusion limit must be allocated among all
policyholders who own qualified long-term care insurance contracts for the
same insured. See Pub. 525 and Form 8853 and its instructions for more
information.
Per diem basis. This means the payments were made on any periodic basis
without regard to the actual expenses incurred during the period to which the
payments relate.
Accelerated death benefits. Amounts paid as accelerated death benefits are
fully excludable from your income if the insured has been certified by a
physician as terminally ill. Accelerated death benefits paid on behalf of

individuals who are certified as chronically ill are excludable from income to the
same extent they would be if paid under a qualified long-term care insurance
contract.
Policyholder’s taxpayer identification number (TIN). For your protection, this
form may show only the last four digits of your TIN (social security number
(SSN), individual taxpayer identification number (ITIN), adoption taxpayer
identification number (ATIN), or employer identification number (EIN)). However,
the issuer has reported your complete TIN to the IRS.
Account number. May show an account or other unique number the payer
assigned to distinguish your account.
Box 1. Shows the gross benefits paid under a long-term care insurance contract
during the year.
Box 2. Shows the gross accelerated death benefits paid during the year.
Box 3. Shows if the amount in box 1 or 2 was paid on a per diem basis or was
reimbursement of actual long-term care expenses. If the insured was terminally
ill, this box may not be checked.
Box 4. May show if the benefits were from a qualified long-term care insurance
contract.
Box 5. May show if the insured was certified chronically ill or terminally ill and
the latest date certified.
Future developments. For the latest developments related to Form 1099-LTC
and its instructions, such as legislation enacted after they were published, go to
www.irs.gov/Form1099LTC.

CORRECTED (if checked)
PAYER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.

1 Gross long-term care
benefits paid

OMB No. 1545-1519
Form

PAYER’S TIN

POLICYHOLDER’S TIN

1099-LTC Long-Term Care and

$

(Rev. April 2025)

2 Accelerated death benefits
paid

For calendar year

$

INSURED’S TIN

Accelerated Death
Benefits

Per
Reimbursed
diem
amount
INSURED’S name

POLICYHOLDER’S name

Street address (including apt. no.)

Street address (including apt. no.)

City or town, state or province, country, and ZIP or foreign postal code

City or town, state or province, country, and ZIP or foreign postal code

Account number (see instructions)
Form 1099-LTC (Rev. 4-2025)

4 Qualified contract
(optional)

(keep for your records)

5 (optional)

Copy C
For Insured

3

Chronically ill

Date certified

Copy C is
provided to you
for information
only. Only the
policyholder is
required to
report this
information on
a tax return.

Terminally ill
www.irs.gov/Form1099LTC

Department of the Treasury - Internal Revenue Service

Instructions for Insured
A payer, such as an insurance company or a viatical
settlement provider, must give this form to you and to the
policyholder for payments made under a long-term care
insurance contract or for accelerated death benefits.
Payments include both benefits you received directly and
expenses paid on your behalf to third parties.
If you are the insured but are not the policyholder, Copy
C is provided to you for information only because these
payments are not taxable to you. If you are also the
policyholder, you should receive Copy B.
Insured’s taxpayer identification number (TIN). For your
protection, this form may show only the last four digits of
your TIN (social security number (SSN), individual taxpayer
identification number (ITIN), adoption taxpayer
identification number (ATIN), or employer identification
number (EIN)). However, the issuer has reported your
complete TIN to the IRS.
Account number. May show an account or other unique
number the payer assigned to distinguish your account.

Box 1. Shows the gross benefits paid under a long-term
care insurance contract during the year.
Box 2. Shows the gross accelerated death benefits paid
during the year.
Box 3. Shows if the amount in box 1 or 2 was paid on a
per diem basis or was reimbursement of actual long-term
care expenses. If you are terminally ill, this box may not be
checked.
Box 4. May show if the benefits were from a qualified longterm care insurance contract.
Box 5. May show if you were certified chronically ill or
terminally ill and the latest date certified.
Future developments. For the latest developments related
to Form 1099-LTC and its instructions, such as legislation
enacted after they were published, go to www.irs.gov/
Form1099LTC.
Free File Program. Go to www.irs.gov/FreeFile to see if
you qualify for no-cost online federal tax preparation,
e-filing, and direct deposit or payment options.