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Submitted 278 days ago...

BeeBee24060

BeeBee24060

New User (1)

How do I manage Tax free payments?

I am in the process of becoming a host home provider for a client who is MR. The money I will recieve for caring for this person is coming from State and Federal funding. Also in a few months will qualify for a MR waiver slot. I have been told by the agency that I will be working through that it is tax free income. Also the client will be paying room and board to me with SSI benefits which will be taxable. Next year how will I need to file my taxes and how do I manage this income? I do know that I will need to keep all reciepts for SSI. What kind of advise can you give me?

 
 
 
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Submitted 278 days ago...

guido

guido

Authority (426)

Since its tax free you should just not have to report it. Alternatively there may be a line on the tax form where you input non-taxable income. You will probably get some form from the agency listing the payments, but it should also say it is non-taxable income

 
 

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