Benefits 101 Posted February 8, 2013 Share Posted February 8, 2013 If an employee only paid in $500 to her medical FSA, used up her entire $5000 election (i.e. for 2012, the limit is still 5K), then left employment. Does she have to report the extra $4500 she withdrew from her FSA (i.e. the portion above and beyond her contributions) as taxable income? Link to comment Share on other sites More sharing options...
Chaz Posted February 8, 2013 Share Posted February 8, 2013 Short answer: No, presuming that she was properly reimbursed for qualified medical expenses with that $4,500. Link to comment Share on other sites More sharing options...
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