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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc.

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Old 06-29-2012, 12:14 PM
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Default Medical Assistance Tax Problems

Off topic for here but anyone know the tax implications for receiving medical assistance? My son qualifies because of a disability and we applied but does this meanI am going to have to pay some huge tax or penalties at tax time? Im afraid the 100 we save on premiums each month isnt worth it if there are unintented consquences later.
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Old 07-03-2012, 07:48 AM
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Default medical assistance

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Originally Posted by Unregistered View Post
Off topic for here but anyone know the tax implications for receiving medical assistance? My son qualifies because of a disability and we applied but does this meanI am going to have to pay some huge tax or penalties at tax time? Im afraid the 100 we save on premiums each month isnt worth it if there are unintented consquences later.
Sorry, but I don't know the answer to your question. I recommend you contact the IRS directly for an answer.
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