Have the issues with not printing returns with IRS Notice 2014-7 been resolved. It looks like there was a problem a couple of years ago.
You'll need to sign in or create an account to connect with an expert.
Yes.
In TurboTax (TT), enter at:
- Federal Taxes tab
- Wages & Income
- “I’ll choose what I work on” Button
Scroll down to:
-Less Common Income
-Misc Income, 1099-A, 1099-C
On the next screen choose other reportable income (at the bottom)
For description enter “Notice 2014-7” . Enter the amount with a minus sign (-) in front of it
Reference: https://www.irs.gov/Individuals/Certain-Medicaid-Waiver-Payments-May-Be-Excludable-From-Income
If TT tries to give you EIC , based on that income, see the TT FAQ https://ttlc.intuit.com/questions/2635384
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
satrel
New Member
decoflair
Level 1
johntheretiree
Level 2
Ol_Stever
Level 2
GordoD1
Returning Member