Brian Denger's Blog – May 2014 Archive (1)

Certain Medicaid Waiver Payments May Be Excludable From Income

The Internal Revenue Service (IRS) recently reversed a policy and now allows parents of people with disabilities who receive Medicaid Home and Community Based waiver funds, for care giving services provided to their children, to exclude those funds from their incomes. Notice 2014-7 describes changes in the IRS policy. These changes may apply to foster and biological parents caring for a person with Duchenne muscular…

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Added by Brian Denger on May 13, 2014 at 11:00am — No Comments

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