Genworth Life Insurance Company/Genworth Life Insurance Company of New York is required by the Internal Revenue Service to provide claimants with a 1099 LTC – Copy B Form for payments made under a long term care insurance contract. Payments include those made directly to you and those made to third parties on your behalf. However, receipt of this form does not necessarily mean that amounts reported are taxable income to you.
Questions regarding the Internal Revenue Service reporting requirements should be directed to the Internal Revenue Service, a tax advisor, or tax-preparation service. The IRS phone number is 1-800-829-3676. Additionally, information can be found on the Internal Revenue Service website at: www.irs.gov.