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LTC Annuity

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(@brentww73)
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Joined: 12 months ago
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Trying to figure out how to input this. I have a One America LTC policy. It was funded a couple of years ago by doing a trustee-to-trustee lump sum transfer from my IRA to them, so no taxable event there. Then each year for 10 years they take $36,000 of it to fund that year's payment on the policy which creates a taxable event for me to account for on my taxes. How do I enter that to account for the taxable event but not actually withdraw anything from any of my accounts since the money isn't in any of my accounts? Thanks.



   
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