Under a new tax provision in the Affordable Care Act and the Treasury guidance, the value of any employer-provided health coverage for your child is excluded from your income through the end of the taxable year in which your child turns 26. This tax benefit applies regardless of whether the plan is required by law to extend health care coverage to your adult child or the plan voluntarily extends the coverage.
Under a new tax provision in the Affordable Care Act and the
Treasury guidance, the value of any employer-provided health
coverage for your child is excluded from your income through the
end of the taxable year in which your child turns 26. ... More
UnitedHealthcare answered:Under a new tax provision in the Affordable Care Act and the Treasury guidance, the value of any employer-provided health coverage for your child is excluded from your income through the end of the taxable year in which your child turns 26. This tax benefit applies regardless of whether the plan is required by law to extend health care coverage to your adult child or the plan voluntarily extends the coverage.Helpful? 1 person found this helpfulUnder a new tax provision in the Affordable Care Act and the Treasury guidance, the value of any employer-provided health coverage for your child is excluded from your income through the end of the taxable year in which your child turns 26. ... More