You'll need to sign in or create an account to connect with an expert.
In TurboTax, you can enter the W2 information- continue until you see the see below. You will be able to indicate that it is a Nontaxable Medicaid waiver payment that is not taxable. While you do not have to pay income tax on the income (hence the zero withholding), it still must be reported and can be used as income to qualify for some credits like the earned income credit.
For more information, please see Certain Medicaid waiver payments may be excludable from income.
In TurboTax, you can enter the W2 information- continue until you see the screen below. You will be able to indicate that it is a Nontaxable Medicaid waiver payment that is not taxable. While you do not have to pay income tax on the income (hence the zero withholding), it still must be reported and can be used as income to qualify for some credits like the earned income credit.
For more information, please see Certain Medicaid waiver payments may be excludable from income.
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.
poncho_mike
Level 4
shakenbacon
New Member
mrdavidanderica
New Member
tww94
New Member
Samara9
New Member