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Deductions & credits
BarbaraW22 suggest to include your Medicare wavier income please follow the steps below:
- Log into TurboTax.
- Click on Federal from the menu on the left-hand side.
- Click on "Wages & Income" at the top.
- Click Edit/Add next to "Job (W-2)."
- Click "Add a W-2."
- If you received a W-2 for your Medicaid Waiver Payments, enter the information as reported on your W-2.
- Enter the amount you received for Medicaid Waiver Payments in Box 1 (even if this amount is not reported in box 1 of your W-2.)
- If you did not receive a W-2, go to "Wages and Income" section.
- Scroll down to "Less Common Income."
- Click on "Show More."
- Click on Start/Revisit next to "Miscellaneous Income"
- Click on Start next to "Other Reportable Income."
- Select "Yes."
- In the "Description", enter "IRS Notice 2014-7 excludable income."
- In the "Amount", enter the W-2 box 1 amount (or amount of Medicaid Waiver Payments) as a negative (-) number
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‎February 2, 2023
1:58 PM