Thanks for your help!
To clarify, both my wife & I are seeing behavioral therapists which are NOT covered by insurance. My wife is due in a couple of months & we hope to use HSA money to cover the deductible for the birth in the hospital. Being that we've spent thousands of dollars on therapy (which is an eligible medical expense), and there won't be enough HSA money for it, can I open up an FSA account with my employer? I see conflicting answers in the link you sent me. So far we've spent $7,500 in eligible therapy expenses which will not be covered via the HSA.
Can I open up the FSA with my employer for those uncovered expenses? Can I deduct it on my tax return? I believe the floor is 7% of AGI and my AGI last year was between 60-65k?
Thanks,
