TiredSusan
Level 1
05-19-2020
02:10 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
My client got a 1099ltc with $40,000. as amount in Box 1. In box 3 the reimbursed amount box is checked. Company sent her letter stating she cancelled policy and made premium payments of $30,000. Is the didderence taxable and if so how do I report it? (will not go on Form 8853)
Labels