MEWDS (Multiple Evanescent White Dot Syndrome) is a rare, unilateral, self-limiting inflammatory disease that afflicts young women more than men in a 4:1 ratio. Despite the lack of treatment, the prognosis is excellent. Our patient is the typical age and gender.
To qualify for sale or exchange treatment, a stock redemption generally must result in a substantial reduction in a shareholderâs ownership interest in the corporation.In the absence of this reduction in ownership interest, the redemption proceeds are taxed as dividend income. The former shareholder has no interest, other than that of a creditor, in the corporation for at least 10 years after the redemption (including an interest as an officer, director, or employee).
ï· Plans sold off the exchange are not eligible for premium tax credits or cost sharing subsidies. ï· Members qualify at enrollment. ï· Exchange calculates potential tax credit. ï· Users select what portion of the tax credit to take in advance. ï· End of year tax returns are used to reconcile tax credits taken.