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Deductions & credits
If you do not wish to use the income to calculate your earned income tax credit (EITC) follow the instructions in the link below. Depending on your W-2, if applicable, will determine if you are allowed to exclude it.
- How do I enter my tax exempt medicaid waiver payments in TurboTax? Carefully review this FAQ for important details.
If your payments qualify to be excluded you should complete your tax return.
- Medicare Waiver Payments Exclusion
- IRS Publication 596 (will show the income chart for EITC)
- Form 1040 Instructions, page 40.
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‎February 1, 2025
1:54 PM