> How do I fill out Form 1040 to report this income using the Turbo Tax desktop app?
Details:
In tax year 2023, I received non-taxable (excludable) Certified Family Home (Medicaid waiver) payments from the Idaho Division of Medicaid Department of Health for providing in-home care to my Down Syndrome sister who lives with me in my principle (only) residence. She is the only person under my care. I received a 1099-MISC income form with the amount stated in box 6.
The payments I receive are excludable as outlined in Notice 2014-7:
"This notice provides that certain payments received by an individual care provider under a state Medicaid Home and Community-Based Services Waiver (Medicaid waiver) program, described in this notice, are difficulty of care payments excludable under § 131 of the Internal Revenue Code… Accordingly, an eligible individual receiving care in the individual care provider’s home under a Medicaid waiver program is a “qualified foster individual” under § 131(b)(2). "
Knowing that these waiver program payments are excludable, and qualifies for the purposes of tax law as a “qualified foster individual", per Notice 2014-7, how do I report this income on my Form 1040 tax return?
