ProConnect HelpIntuit HelpIntuit

How to exclude Medicaid waiver payments from income in ProConnect Tax per IRS Notice 2014-7

SOLVEDby IntuitProConnect Tax11Updated October 21, 2021

Follow these steps to report qualified Medicaid waiver payments excludable under IRS Code Section 131 per Notice 2014-7:

  1. Go to the Input Return tab.
  2. On the left-side menu, select Income.
  3. Select Wages, Salaries, Tips (W-2).
  4. Enter all information as reported on the W-2.
  5. On the left-side menu, select SS Benefits, Alimony, Misc. Income.
  6. Enter the excludable amount as a positive number in the Medicaid waiver payments to care provider field.

The amount you enter will print as a negative number on Form 1040 other income, with a description of Notice 2014-7.

Related topics

IRS Notice 2014-7
Certain Medicaid Waiver Payments May Be Excludable From Income

Was this helpful?

You must sign in to vote, reply, or post
ProConnect Tax

Sign in for the best experience

Ask questions, get answers, and join our large community of Intuit Accountants users.