IRS rule address tax treatment of certain medical arrangements

IRS rule address tax treatment of certain medical arrangements tjordan_drupal Jun 9, 2020

The Internal Revenue Service yesterday released proposed regulations addressing the treatment of direct primary care arrangements, health care sharing ministry memberships and certain government-sponsored health care programs under section 213 of the Internal Revenue Code.

Section 213 allows individuals to take an itemized deduction for medical care and insurance expenses that exceed 7.5% of adjusted gross income. Among other provisions, the proposed regulations clarify that payments for direct primary care arrangements and health care sharing ministry memberships are expenses for medical care