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Deductions & credits
Generally no. Health Care Reimbursement Accounts (HCRA) are usually deducted from your pay before taxes (pre-tax). If this is true for your HCRA then you have already received a reduction in your income for the amounts contributed to the plan. If your contributions were not deducted pre-tax then you can take a deduction for the health care expenses paid with these funds. The best way to make sure whether or not your deduction was pre-tax is to speak with your employer. They will be able to give you more exact details on your HCRA plan.
May 31, 2019
4:56 PM