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"Medicaid Waiver payments to Care Providers- IRS rulings on Income Tax effects."

From the Internal Revenue Service

Certain Medicaid Waiver Payments May Be Excludable From Income

"Update: New Q&A's 1-20 were added on February 23, 2015. The original text and Q&A's follow at the end.

On January 3, 2014, the Internal Revenue Service (Service) issued Notice 2014-7, 2014-4 I.R.B. 445. Notice 2014-7 provides guidance on the federal income tax treatment of certain payments to individual care providers for the care of eligible individuals under a state Medicaid Home and Community-Based Services waiver program described in section 1915(c) of the Social Security Act (Medicaid Waiver payments)."

For the full article, please click here

© 2014 James R. Modrall, III


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