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March 5, 2025
Question

Is an FSA a Medical Care spending account?

  • March 5, 2025
  • 1 reply
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    1 reply

    SharonD007
    March 5, 2025

    Yes, a Flexible Spending Account (FSA) is an account that taxpayers contribute to with pre-tax money to pay for out-of-pocket medical expenses.

     

    Refer to the TurboTax articles What is a Flexible Spending Arrangement (FSA)? and  Flexible Spending Accounts: A Once-A-Year Tax Break for more information.

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