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#4
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| Bill wrote: - quote - > My pension and social security and my wife' social security
How you file your tax returns (joint or separate) has no> total enough to get some of her medications much cheaper via > programs. However, if our income increases, she will lose > that benefit. > Previously, our high cost of medications forced us into > bankruptcy. > My question: can we file separately, and as such, with her > small social security, could she could qualify for Medicaid? impact on medicaid qualification. The medicaid rules require that one look at countable community assets and countable community income. -- Alan http://taxtopics.net << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << It may not be relied upon for the purpose of avoiding > << penalties that may be imposed on the taxpayer or the > << tax preparer. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#3
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| Bill wrote: - quote - > My pension and social security and my wife' social security
How you file your tax returns (joint or separate) has no> total enough to get some of her medications much cheaper via > programs. However, if our income increases, she will lose > that benefit. > Previously, our high cost of medications forced us into > bankruptcy. > My question: can we file separately, and as such, with her > small social security, could she could qualify for Medicaid? impact on medicaid qualification. The medicaid rules require that one look at countable community assets and countable community income. -- Alan http://taxtopics.net << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << It may not be relied upon for the purpose of avoiding > << penalties that may be imposed on the taxpayer or the > << tax preparer. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#2
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| Bill <nemesis7[at]mindspring.com> wrote: - quote - > My pension and social security and my wife' social security
Filing separately won't help. As long as the two of you are> total enough to get some of her medications much cheaper via > programs. However, if our income increases, she will lose > that benefit. > Previously, our high cost of medications forced us into > bankruptcy. > My question: can we file separately, and as such, with her > small social security, could she could qualify for Medicaid? living together both incomes will be taken into consideration for Medicaid eligibility purposes. -- D.F. Manno dfm2a3l0t2[at]spymac.com "The work goes on, the cause endures, the hope still lives and the dream will never die." << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << It may not be relied upon for the purpose of avoiding > << penalties that may be imposed on the taxpayer or the > << tax preparer. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#1
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| Bill wrote: - quote - > My pension and social security and my wife' social security
If you file Married Filing Separately, 85% of your (and your> total enough to get some of her medications much cheaper via > programs. However, if our income increases, she will lose > that benefit. > Previously, our high cost of medications forced us into > bankruptcy. > My question: can we file separately, and as such, with her > small social security, could she could qualify for Medicaid? spouse's) SS benefits will be subject to income tax - regardless of your other income. Are you sure that is a result you want to happen? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << It may not be relied upon for the purpose of avoiding > << penalties that may be imposed on the taxpayer or the > << tax preparer. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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| Bill <nemesis7[at]mindspring.com> wrote: - quote - > My pension and social security and my wife' social security
I can't answer the medicaid question. But if you lived> total enough to get some of her medications much cheaper via > programs. However, if our income increases, she will lose > that benefit. > Previously, our high cost of medications forced us into > bankruptcy. > My question: can we file separately, and as such, with her > small social security, could she could qualify for Medicaid? together at all during the year, and file separately, 85% of social secuity will be included as part of taxable income. Perhaps no social security is presently included, on your joint return, as part of taxable income? __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << It may not be relied upon for the purpose of avoiding > << penalties that may be imposed on the taxpayer or the > << tax preparer. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#-1
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| My pension and social security and my wife' social security total enough to get some of her medications much cheaper via programs. However, if our income increases, she will lose that benefit. Previously, our high cost of medications forced us into bankruptcy. My question: can we file separately, and as such, with her small social security, could she could qualify for Medicaid? Bill << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << It may not be relied upon for the purpose of avoiding > << penalties that may be imposed on the taxpayer or the > << tax preparer. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
| Tags |
| filing, medicaid, seperately |
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