How does IRS Notice 2010-38 interact with these Interim Regs?
IRS Notice 2010-38 deals with the tax consequences of dependent coverage. IRS Notice 2010-38 states that for any adult child (as defined in Section 152(f) of the IRS Code) any amounts reimbursed (directly or indirectly) with respect to a dependent child may be excluded from the employee’s gross income provided that the dependent child is under age 27 on December 31, 2010.