Hello Friends, Please guide me.
My wife is a Family Caregiver, provide services to her mother. According to IRS website: Special rules apply to workers who perform in-home services for elderly or disabled individuals (caregivers). My wife works for company In-Home Supportive Services - San Diego. She get W-2 Form from this company.
My question is: According to IRS Notice 2014-7, My wife care payments excludable from gross income under § 131 of the Internal Revenue Code. My wife's income mentioned on W-2 Form from company but when my wife submit her Taxes, On Form 1040 total income is not mentioned. On Schedule 1, Notice 2014-7 mentioned that my wife don't need to pay tax on that income.
Can my wife Sponsor her husband on her excludable income from IRS tax ???