![]() Unlike an HSA where funds are only available to spend once they are deposited into your account, the entire amount you elect to contribute to your FSA is available on day one of your plan year. Lodging expenses for other Americans are not deductible for the 2018 through 2025 tax years. Keep in mind that when you do your taxes, you can add up all the medical expenses for everyone in your household. ![]() In 2019, this threshold went up to 10 percent. But you can only deduct out-of-pocket medical expenses that exceed 7.5 percent of your adjusted gross income.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |