27 Sep IRS Releases Private Letter Ruling Regarding Section 213(d) Medical Care Expenses
Posted at 16:00h
in benefits, Benefits Administration, benefits compliance, Compliance Alert, Default, Employee Benefits, healthcare, IRS
IRS Releases Private Letter Ruling Regarding Section 213(d) Medical Care Expenses
Recently, the Internal Revenue Service (IRS) released a private letter ruling regarding DNA collection kits and whether the price of these kits qualify as Section 213(d) medical care expenses. Read this blog post from UBA to learn more.
The Internal Revenue Service (IRS) released a private letter ruling (Letter) regarding whether the price of a DNA collection kit – specifically services and reports related to a person’s health that are generated from analyzing the collected DNA – qualify as Section 213(d) medical care expenses.
Health services such as genotyping are medical care under Section 213(d) while reports that provide general information are not medical care. The IRS concluded that the DNA collection kit’s price must be allocated between health services that are medical care, such as genotyping, and the non-medical services, such as reports that provide general or ancestry information.
SOURCE: Hsu, K. (24 September 2019) “IRS Releases Private Letter Ruling Regarding Section 213(d) Medical Care Expenses” (Web Blog Post). Retrieved from https://blog.ubabenefits.com/irs-releases-private-letter-ruling-regarding-section-213d-medical-care-expenses