ErnieS0
Expert Alumni

Deductions & credits

@motamedd Yes. There is no 1099 for an FSA account. Your FSA is deducted from your Box 1 wages and shows up in Box 14 as Section 125.

 

@JRmamacat No. You do not need to enter any additional information about an FSA account. FSA plans are "use it or lose it." Any money that you don't spend is forfeited so there are no adjustments on the tax return.

 

Related Resource:

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"