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IHSS taxability

February 08, 2017 • Nelson • Log In to Post Comments

Any News in IHSS tax ability??? 2016 start or is it 2017? Saw 2 update letters from clients already and seems like it's for 2016 like Spidells Update seminar in January. Client called IRS though and was told it starts in 2017 tax year. Update letters indicate otherwise though. This will explode in the News Soon!!!!!!


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Nelson,

The latest information on this topic came by way of IRS FAQs a while ago that tried to provide some clarity on Notice 2014-7, which we discussed in our update seminars in January.  We are not aware of anything newer than this.  Here is a link to the IRS FAQs on the topic: https://www.irs.gov/individuals/certain-medicaid-waiver-payments-may-be-excludable-from-income

 

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