How do I exclude the income in Proseries 2023?
Personally, I have no idea about either Sec. 131 nor Notice 2014-7. I have only worked in tax for 41 years, so I don't remember EVERYTHING.
It would be very helpful for those of us who are NOT Codeheads that you give us a clue in your post. Just so we don't have to go look it up.
Simply entering 2014-7 in the search bar get you the following:
Scroll down down down the W2 worksheet, theres a spot for it.
I scrolled down and I do not see a spot. Do you know where exactly that would be?
Hi Sorry about that.
I have a client who takes care of her mother and receives payments thru state Medicaid Home program on a W2 form with just the income reflected and no taxes taken out because the income itself is exempt from taxes. In Proseries I can't figure out how exempt the amount from the taxable income.
On the W2 worksheet it is in part VI " Medicare waiver payments" line Ka, and b
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