[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-304899-105":53,"doc-detail-304899-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","long-term-care-services-rider-understanding-tax-forms","Long-Term Care Services Rider - Understanding Tax Forms","","Guide to understanding tax forms related to Long-Term Care Servicessm Rider (LTCSR) benefits under certain Equitable permanent life insurance policies. Explains how accelerated death benefits and rider charges are treated for federal tax purposes, including differences for qualified riders under IRC 7702B versus nonqualified riders under IRC 101(g). Covers key filing responsibilities, including Form 1099-LTC, 1099R, Form 8853, HIPAA daily limit details for 2025, and how policy values may change with rider benefits and lien treatment.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/long-term-care-services-rider-understanding-tax-forms/304899/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/long-term-care-services-rider-understanding-tax-forms/304899.png","ImageObject",442,249,{"name":88,"@type":89},"Aurora","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-23","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":73},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the Long-Term Care Servicessm Rider (LTCSR) and how are benefits paid?","Question",{"text":108,"@type":109},"LTCSR is an accelerated death benefit for long-term care services. If conditions are met, a portion of the policy death benefit is paid to the policyowner as the insured is chronically ill and receiving qualified long-term care services under the rider.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How do tax treatments differ between qualified and nonqualified LTCSR riders?",{"text":113,"@type":109},"Qualified riders (IRC 7702B) have rider benefits that receive favorable tax treatment under either Section 7702B or 101(g) and the tax treatment of rider benefit payments is the same regardless of qualification. The key differences for the policyowner are how LTCSR charges are treated under qualified versus nonqualified rules.",{"name":115,"@type":106,"acceptedAnswer":116},"Which tax forms are commonly associated with LTCSR benefits and charges?",{"text":117,"@type":109},"LTCSR benefit payments are reported on Form 1099LTC for qualified riders. LTCSR charges are reported on Form 1099R, and Form 8853 is a required form for policyowners when LTCSR benefits were attributed to them.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},304899,1790185520,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":73,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":79,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":73},4810365810221,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","Long-Term Care Servicessm Rider  \nA guide to  \nunderstanding tax forms  \nUnderstanding the tax forms policyowners may receive for Long-Term Care Servicessm Rider benefits paid, and charges deducted from a life insurance policy.  \nThe Long-Term Care Servicessm Rider (LTCSR) is available with certain permanent life insurance policies issued by Equitable. It is an accelerated death benefit for long-term care services. If certain conditions are met, a portion of the policy death benefit will be paid to the policyowner as a result of the insured being a chronically ill individual who is receiving qualified long–term care services as defined in the rider. Benefits accelerated under this rider will be treated as a lien against policy values. The rider benefits will also change other values of the policy.  \n1  \nLong-Term Care Servicessm Rider benefit payments  \nDepending on which Long-Term Care Servicessm Rider was issued with the permanent life insurance policy, benefits paid under this rider are treated asan acceleration of the death benefit and receive favorable tax treatment under either Section 7702B or 101(g) of the IRC. Regardless of whether the rider is qualified or not, the tax treatment of the rider benefit payments is the same.  \nThe HIPAA daily limit for 2025 is $420 per day.1  \n\n| Rider version | Tax form | Explanation |\n| --- | --- | --- |\n| Qualified rider (IRC 7702B)\u003Cbr>• Form \\#ICC19-R19-LTCSR\u003Cbr>• Form \\#R19-LTCSR and state variations except NY\u003Cbr>• Form \\#ICC12-R12-10\u003Cbr>• Form \\#R12-10 and state variations except NY | 1099LTC | This form is for LTCSR benefit payments. All benefit payments will be reported. They are taxable to the extent they (together with anyother long-term care benefits relating to the same insured) exceed the greater of actual expenses incurred or the HIPAA daily limit. |\n\nNonqualified rider (IRC 101(g))  \n• Form \\#R12-10NY  \n• Form \\#R06-90 and state variations  \n8853 This is a required form to be filed by policyowners if LTCSR benefits were attributed to them. (Policyowner’s responsibility to include when filing their tax returns. Insurer does not send.)  \n1 The Health Insurance Portability and Accountability Act (HIPAA) determines the daily limit, which represents a national average adjusted by a defined cost-of-living formula. For 2025, the daily HIPAA limit is $420 ([irs.gov](irs.gov)), and is subject to an annual cost-of-living adjustment (COLA) thereafter.  \n2 Lroenpgor-Ttienrmg dCarepeenSdesrvonicressm Rider vierrsicoarges—taxation and insurer Qualified riders: The rider is intended to be tax-qualified under IRC 7702B. This means the LTCSR charges are not taxable; however, charges reduce the cost basis of the policy. Although the term tax-qualified may sound superior to non-tax-qualified, the difference in taxation to the policyowner is minimal in most situations. One situation where a tax-qualified rider is generally more beneficial is when the life insurance policy is a Modified Endowment Contract (MEC) since there is no current taxation, although basis is reduced by the LTCSR cost of insurance (COI) charges.  \nNonqualified riders: With a non-tax-qualified rider, the LTCSR COIs are viewed as distributions each year. Therefore, taxability depends on whether the policy is a MEC, whether there is remaining tax basis in the policy and whether there is gain in the policy.  \n\n| Rider version | Tax form | Explanation |\n| --- | --- | --- |\n| Qualified rider\u003Cbr>• Form \\#ICC19-R19-LTCSR\u003Cbr>• Form \\#R19-LTCSR and state variations except NY\u003Cbr>• Form \\#ICC12-R12-10\u003Cbr>• Form \\#R12-10 and state variations except NY | 1099R — LTCSR charges are reported on this form.\u003Cbr>• Federal tax rules require insurers to report such amounts even though the amounts are not taxable.\u003Cbr>• Code W appears in box 7 of the 1099R for charges or payments for purchasing qualified long-term care insurance contracts under combined arrangements, which are excludible under section 72(e)\u003Cbr>(11) against the cash surrender valu","cbCaiglgSMClAgFl","https://ap.wps.com/l/cbCaiglgSMClAgFl","pdf",352539,"English","# Long-Term Care Servicessm Rider\n## Understanding tax form policy and benefits\n## Long-Term Care Servicessm Rider benefit payments\n## Qualified rider tax form: 1099LTC\n## Nonqualified rider tax form: 8853 and 1099R\n## Tax form samples and resources","[{\"question\":\"What is the Long-Term Care Servicessm Rider (LTCSR) and how are benefits paid?\",\"answer\":\"LTCSR is an accelerated death benefit for long-term care services. If conditions are met, a portion of the policy death benefit is paid to the policyowner as the insured is chronically ill and receiving qualified long-term care services under the rider.\"},{\"question\":\"How do tax treatments differ between qualified and nonqualified LTCSR riders?\",\"answer\":\"Qualified riders (IRC 7702B) have rider benefits that receive favorable tax treatment under either Section 7702B or 101(g) and the tax treatment of rider benefit payments is the same regardless of qualification. The key differences for the policyowner are how LTCSR charges are treated under qualified versus nonqualified rules.\"},{\"question\":\"Which tax forms are commonly associated with LTCSR benefits and charges?\",\"answer\":\"LTCSR benefit payments are reported on Form 1099LTC for qualified riders. LTCSR charges are reported on Form 1099R, and Form 8853 is a required form for policyowners when LTCSR benefits were attributed to them.\"}]","Long-Term Care Services Rider - Understanding Tax Forms | PDF",1789819221]