Form 1099-LPS reports the long-term care insurance premiums a policyholder paid during the year. It is filed by the insurer or payer that received those premiums, and a copy goes to the insured. Do not confuse it with Form 1099-LTC, which reports long-term care benefits paid out — 1099-LPS is about premiums going in.
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What Form 1099-LPS Reports
The form documents the premiums received for a long-term care policy over the year, so the policyholder can substantiate any premium-based tax treatment and the IRS can match it.
It carries the recipient’s details plus the premium amount, and includes indicators for whether the coverage is for the insured themselves or a spouse, along with information about the insured. That structure lets the IRS tie premiums to the right individual and coverage.
Think of the long-term care pair this way: 1099-LTC reports what the policy paid the policyholder; 1099-LPS reports what the policyholder paid the insurer.
Who Files a 1099-LPS
The insurer or payer that received the premiums files it — the same kind of entity that already files 1099-LTC on the benefits side.
- Long-term care insurance carriers
- Payers administering qualified long-term care contracts
- Third-party administrators reporting on the insurer’s behalf
Which premiums are reportable, and any thresholds, are set out in the IRS instructions for the form. Because 1099-LPS is new, confirm the reporting scope there rather than assuming it mirrors another form exactly.
Who Receives the Statement
The policyholder receives a copy showing the premiums they paid for the year. They use it to support the tax treatment of those premiums, and the IRS receives the same figure to check against what the individual reports.
Filing 1099-LPS Through IRIS
1099-LPS is a native form type in the IRIS TY2026 schema, with dedicated elements for the premium amount and the self/spouse/insured indicators.
Carriers file at scale, so this is an electronic-filing form through IRIS. The workflow is identical to the rest of the 1099 series: validate every record against the IRS rules, transmit, and collect a Receipt ID.
Adding 1099-LPS to your filings?
e1099f validates and files it as IRIS XML from your policy data — premiums and indicators handled.
Frequently Asked Questions
How is 1099-LPS different from 1099-LTC?
Who files it — the insured or the insurer?
What are the self, spouse, and insured indicators for?
Is there a reporting threshold?
Can I file 1099-LPS through IRIS?
Not tax advice. Form 1099-LPS is new; the current IRS instructions are authoritative and may change. Confirm your specific obligations with a qualified advisor.