Excludable Income for Live-in Caregivers per IRS Notice 2014-7
If you are a caregiver for someone on a Medicaid waiver (i.e. CDCS, 245D Basic Respite, and Personal Supports) and you live with the individual, your wages may be specifically excludable from your gross income under IRS Section 131, issued January 3, 2014. To take advantage of this law you will need to contact your tax professional for further information and guidance.
Click on the link below for more information.
Certain Medicaid Waiver Payments May Be Excludable From Income
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