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Stress-Free 1099-LTC Reporting: File Electronically and Save Time

Effortlessly Report Long-Term Care and Accelerated Death Benefits by electronically submitting Form 1099-LTC to the IRS.

E-file Form 1099-LTC

Takes less than 5 minutes

E-File 1099-LTC for Less

Get started for as little as $2.49per form, with rates decreasing to just $0.59 per form for larger quantities.

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For your return volume

Simplify Your 1099-LTC Filing in 3 Easy Steps!

Reduce Tax Filing Stress: Start E-Filing Your 1099 Forms Today!

Simplify Your 1099-LTC Filing in 3 Easy Steps!
  •  Fill out Form 1099-LTC

    Fill out Form 1099-LTC

    Enter the required information for both the payer and recipient, including the gross benefits paid.

  • Review & transmit the return

    Review & transmit the return

    Ensure accuracy with a final review before submitting to the IRS.

  • Send the recipient copy

    Send the recipient copy

    Fast and secure! Electronically deliver copies to recipients with ZeroneVault.

E-file Form 1099-LTC

Takes only 3 steps

Why choose TaxZerone for Form 1099-LTC e-filing?

Effortless IRS filing - Discover TaxZerone.

Smart IRS validations

Smart IRS validations

File with confidence - TaxZerone's real-time checks prevent errors in your 1099-LTCs

Bulk upload support

Bulk upload support

Upload in seconds, not hours: Save time with TaxZerone's bulk 1099-LTC filing.

Electronic Delivery

Electronic Delivery

Fast, Secure, & On Time: File & Deliver Your 1099-LTCs Electronically with TaxZerone

Competitive pricing

Competitive pricing

Affordable & Reliable: File Your 1099-LTCs with Confidence Using TaxZerone.

Simplified form-based filing

Simplified form-based filing

No More Confusion: File 1099-LTCs with TaxZerone's simple, form-based interface.

 Guided filing

Guided filing

Never File Alone: TaxZerone's instructions & on-demand help ensure accurate 1099s.

Simplify Your 1099-LTC: Streamline Long-Term Care Benefit Reporting

File Fast, File Easy! Choose TaxZerone for a Smooth E-Filing Experience

E-file Form 1099-LTC

Takes 3 steps and less than 5 minutes

Frequently Asked Questions

1. What is the purpose of Form 1099-LTC?

Form 1099-LTC, also known as Long-Term Care and Accelerated Death Benefits, is utilized by insurance companies, government entities, and other payers to report payments made to policyholders during the previous tax year. These payments generally fall into two categories:
  1. Long-Term Care (LTC) Benefits : These are reimbursements or direct payments made to cover qualified long-term care expenses, such as nursing home stays, assisted living facilities, or home healthcare services.
  2. Accelerated Death Benefits (ADBs) : These are portions of a life insurance policy's death benefit paid to the policyholder while they are still alive, often due to a terminal illness diagnosis.
The information reported on Form 1099-LTC assists the IRS in determining if any portion of these benefits is taxable for the recipient.

2. Who receives a copy of Form 1099-LTC?

E-file the Form 1099-LTC with the IRS and send a copy to the policyholder or the individual receiving the benefits. This ensures that the IRS is informed of the payments made under a long-term care insurance contract or for accelerated death benefits, and that the recipient has the necessary information to report these benefits on their tax return. Accurate reporting helps both parties comply with tax regulations and avoid potential issues with the IRS.

3. When should Form 1099-LTC be filed?

Form 1099-LTC should be filed when payments are made for long-term care insurance benefits or accelerated death benefits. This includes payments made on behalf of terminally or chronically ill individuals.

4. Are there any penalties for not filing Form 1099-LTC?

Failing to file Form 1099-LTC can result in penalties from the IRS. Penalties vary based on how late the form is filed and whether the failure was due to intentional disregard of the filing requirement.