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Form 1099--LTC
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Carolb
Level 1
03-11-2021
11:17 AM
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On Form 8853, line 18 you put the amount from box 1. It is $15,700. Line 21 says to multiple $380 by the number of days in the LTC period. Is it okay if it is more than $15,700, The taxable payment is negative or zero. Is that correct?
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IntuitAustin
Intuit Alumni
03-15-2021
09:55 AM
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Thank you for your question! Since this is a tax advice question, we’ve moved it to our product discussions board for discussion among your peers.
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Cheers!
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