Paul Chambers🚧<p>If you get paid by <a href="https://oldfriends.live/tags/Medicaid" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Medicaid</span></a> to care for a loved one who lives in your home through a state <a href="https://oldfriends.live/tags/MedicaidWaiver" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MedicaidWaiver</span></a> program, it probably is income / <a href="https://oldfriends.live/tags/SelfEmployment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SelfEmployment</span></a> tax free. </p><p>Many <a href="https://oldfriends.live/tags/IRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>IRS</span></a> <a href="https://oldfriends.live/tags/TAX" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TAX</span></a> <a href="https://oldfriends.live/tags/IncomeTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>IncomeTax</span></a> <a href="https://oldfriends.live/tags/TaxPreparers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TaxPreparers</span></a> / <a href="https://oldfriends.live/tags/Accountants" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Accountants</span></a> don't know this.</p><p><a href="https://oldfriends.live/tags/Disability" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Disability</span></a> <a href="https://oldfriends.live/tags/CareGivers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CareGivers</span></a> </p><p>You should enter "Notice 2014-7" on Schedule 1, line 8, of your <a href="https://oldfriends.live/tags/TaxReturn" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TaxReturn</span></a> <a href="https://oldfriends.live/tags/taxpreparation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxpreparation</span></a> <a href="https://oldfriends.live/tags/taxseason" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxseason</span></a></p><p>🔗 'Certain Medicaid Waiver Payments May Be Excludable From Income' via IRS<br><a href="https://www.irs.gov/individuals/certain-medicaid-waiver-payments-may-be-excludable-from-income" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">irs.gov/individuals/certain-me</span><span class="invisible">dicaid-waiver-payments-may-be-excludable-from-income</span></a></p>