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Level 1

Where do I enter my FSA contribution?

 
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Level 1

Where do I enter my FSA contribution?

FSAs are usually funded through voluntary salary reduction agreements with your employer. No employment or federal income taxes are deducted from your contribution. The employer may also contribute.

Note: Unlike HSAs or Archer MSAs which must be reported on your Form 1040, there are no reporting requirements for FSAs on your income tax return.

Also. you cannot deduct qualified medical expenses as an itemized deduction on Schedule A (Form 1040) if they were paid with pre-tax dollars from an FSA.

If you have any unused amounts in your FSA, that amount is forfeited, and since you already got a deduction, you cannot deduct the loss.



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Level 11

Where do I enter my FSA contribution?

Do NOT enter any amounts from Code W in Box 12 of your W-2; Those are only entered when you put in your W-2 information. Did you make any additional contributions beyond that? What proof of payment do you have? ...
Level 1

Where do I enter my FSA contribution?

none
Level 1

Where do I enter my FSA contribution?

FSAs are usually funded through voluntary salary reduction agreements with your employer. No employment or federal income taxes are deducted from your contribution. The employer may also contribute.

Note: Unlike HSAs or Archer MSAs which must be reported on your Form 1040, there are no reporting requirements for FSAs on your income tax return.

Also. you cannot deduct qualified medical expenses as an itemized deduction on Schedule A (Form 1040) if they were paid with pre-tax dollars from an FSA.

If you have any unused amounts in your FSA, that amount is forfeited, and since you already got a deduction, you cannot deduct the loss.



Level 1

Where do I enter my FSA contribution?

That is really helpful, and more in-depth than the other answers I've seen.  I think a lot of us were confused because TurboTax's help popup (linked from the HSA deductions page) said it would ask about our FSA later, but it did not.
Level 1

Where do I enter my FSA contribution?

Yes I agree with that!! I was thinking I was going to have to enter the information somewhere else too!!
Level 1

Where do I enter my FSA contribution?

Still 2015 taxes are stating the same thing and never address the fsa
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Level 2

Where do I enter my FSA contribution?

Hi,  could you please clear my wonder?
If I spend all the money in my FSA account on child care, then what's the difference between getting the tax credit from contributing to a FSA and getting tax refund from the annual IRS tax report? Both ways I can get some tax credit, then what's the advantage of having the FSA? Will I get more tax credit by having FSA versus tax report?