IRS Proposes New Form for Long-Term Care Premiums
Published Date: 4/8/2026
Notice
Summary
The IRS wants your thoughts on a new form called the Long-Term Care Premiums Paid Statement (Form 1099-LPS). This form will help track long-term care insurance premiums, making tax time smoother for people who pay these premiums. If you have ideas or concerns, send your comments by June 8, 2026—this could affect how much paperwork you handle and possibly save you time and hassle.
No Economic Impacts Identified for this Document
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