Medical Assistance Tax Problems

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  • Unregistered

    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.
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    medical assistance

    Originally posted by Unregistered
    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.
    http://www.tomcopelandblog.com

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