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Medicaid Waiver Payment

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Level 2

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.

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Level 15
Level 15

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


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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Level 15
Level 15

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


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

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Level 2

Thank you.

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Level 2

Thanks

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