Rev. Proc. 2008-48

September 2008
Internal Revenue Bulletin;9/8/2008, Vol. 2008 Issue 36, p586
The article provides an overview of the revenue procedure 2008-48 under the U.S. Internal Revenue Code. It describes that circumstances under which the Internal Revenue Service (IRS) will treat a child of parents who are divorced or living apart as the dependent of both parents. It discusses various sections of the procedure, including section 105(b), which provides an exclusion from gross income to employees for employer-provided medical expense reimbursement.


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