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Wednesday, September 12, 2012. FSA takes a hit under ACA. Do you have a flexible spending account for health care at work? Did you know that the maximum that you contribute in 2013 is 2,500? If you are contributing the maximum of 5,000 this year, your taxable income will increase by 2,500 as a result of this limitation. Whats worse is that if you are under 65, the hurdle for an itemized deduction for medical expenses in 2012 will increase to 10 of adjusted gross income from 7.5. If not now, when?CONTENT
This web page mrobertscpa.blogspot.com states the following, "Wednesday, September 12, 2012." We saw that the webpage said " FSA takes a hit under ACA." It also said " Do you have a flexible spending account for health care at work? Did you know that the maximum that you contribute in 2013 is 2,500? If you are contributing the maximum of 5,000 this year, your taxable income will increase by 2,500 as a result of this limitation. Whats worse is that if you are under 65, the hurdle for an itemized deduction for medical expenses in 2012 will increase to 10 of adjusted gross income from 7. If not now, when?."SEEK SIMILAR DOMAINS
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