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-   -   Are patient assistance funds from a drug company taxable? (https://www.askmehelpdesk.com/showthread.php?t=741410)

  • Mar 27, 2013, 10:09 PM
    ldetray
    Are patient assistance funds from a drug company taxable?
    I take a very expensive prescription drug and the maker of the drug gives me financial assistance to pay my co-pays. Is this taxable?
  • Mar 27, 2013, 10:28 PM
    AtlantaTaxExpert
    No, that is charitable giving pure and simple, and the recipient is NOT taxed on it.
  • Mar 28, 2013, 05:18 AM
    ldetray
    Thanks so much!
  • Mar 28, 2013, 07:57 PM
    AtlantaTaxExpert
    Glad to help!

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