Can Flex Spending Account expenses be used as IRS tax deduction?
Q.In 2004 I put $2700 in a Flex Spending Account. So my question is simply "Can I use co-pays to doctors, eye glasses and pharmacies as an IRS tax deduction?" For example, I paid the following (approximately): pharmacies - $950 doctors - $340 eye exam + glasses - $650 Thank for your advanced
A.My answer that you can use co-pays to doctors , eye glasses and pharmacies as an Irs tax deduction Because if you had a true Flex Spending Account, the money was already taken out pre-tax, and you can't take it agina. Anything spent above and beyond the Flex account (with after-tax money) can be deducted on Schedule A
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