Solved: No. There is no income tax on Medicaid. If you already ha...

Is there a tax on Medicaid? I qualify as low-income (< $15K), but with int, divs, cap gains ---- could reach > $50K. Currently pay no premiums or co-pays.

posted

No. There is no income tax on Medicaid. If you already have Medicaid, you meet the requirement under the new law that all U.S. residents have health insurance.

Please feel free to post any additional details or questions in the comment section.

View solution in original post

No. There is no income tax on Medicaid. If you already have Medicaid, you meet the requirement under the new law that all U.S. residents have health insurance.

Please feel free to post any additional details or questions in the comment section.

TurboTax is telling me that if my spouses income was less then 5000 and that I paid for expenses that he is considered a dependent when I'm entering all my information.

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Is there a tax on Medicaid? I qualify as low-income (< $15K), but with int, divs, cap gains ---- could reach > $50K. Currently pay no premiums or co-pays.

Is there a tax on Medicaid? I qualify as low-income (< $15K), but with int, divs, cap gains ---- could reach > $50K. Currently pay no premiums or co-pays.

Is there a tax on Medicaid? I qualify as low-income (< $15K), but with int, divs, cap gains ---- could reach > $50K. Currently pay no premiums or co-pays.

Get more help

Do you have a TurboTax Online account?

Is there a tax on Medicaid? I qualify as low-income (&lt; $15K), but with int, divs, cap gains ---- could reach &gt; $50K. Currently pay no premiums or co-pays.

Do you have an Intuit account?

Is there a tax on Medicaid? I qualify as low-income (&lt; $15K), but with int, divs, cap gains ---- could reach &gt; $50K. Currently pay no premiums or co-pays.

Is there a tax on Medicaid? I qualify as low-income (&lt; $15K), but with int, divs, cap gains ---- could reach &gt; $50K. Currently pay no premiums or co-pays.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert

Is there a tax on Medicaid? I qualify as low-income (< $15K), but with int, divs, cap gains ---- could reach > $50K. Currently pay no premiums or co-pays.

Is there a tax on Medicaid? I qualify as low-income (< $15K), but with int, divs, cap gains ---- could reach > $50K. Currently pay no premiums or co-pays.

Is there a tax on Medicaid? I qualify as low-income (< $15K), but with int, divs, cap gains ---- could reach > $50K. Currently pay no premiums or co-pays.