Affordable Care Act Rebate Check-Taxable?

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  • BillV
    Junior Member
    • Jun 2010
    • 27

    #1

    Affordable Care Act Rebate Check-Taxable?

    When Medicare receipents enter the "doughnut hole" the government sends them a $250
    rebate check. Is this taxable and where to record?
  • BP.
    Senior Member
    • Oct 2005
    • 1750

    #2
    Originally posted by BillV
    When Medicare receipents enter the "doughnut hole" the government sends them a $250
    rebate check. Is this taxable and where to record?


    Not taxable per IRS link above.

    Comment

    • Davc
      Senior Member
      • Dec 2006
      • 1088

      #3
      It's a reduction in Schedule A medical expense.

      Comment

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