fesemagu
Level 3

I am preparing a tax return for a tax payer whose w2 wages is more than $100,000.

She also received a Medicaid payment waiver for about $16,000. How do I exclude the medical waiver payment from taxpayer income since this will increase the tax liability.

0 Cheers
Just-Lisa-Now-
Level 15
Level 15

Other Income line, as a negative  Excludable wages per IRS Notice 2014-7


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

fesemagu
Level 3

Thank you.

fesemagu
Level 3

Thanks

0 Cheers