This sample questionnaire includes a process overview, key risks, expected key controls, and questions to consider for healthcare dependent compliance procedures.
The Working Families Tax Relief Act (WFTRA) impacts some employer health benefit plans because it alters the Internal Revenue Code (IRC) definition of who can be considered dependents. The WFTRA changes the definition of a dependent by amending Section 152 of the Internal Revenue Code (IRC). Previously, a dependent under Section 152 of the IRC was defined as an individual who relies on the selected taxpayer for at least 50% of his/her support. This dependent could either be a relative of the taxpayer or the individual must live with that taxpayer for a year.