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Returning Member
posted Mar 26, 2021 8:03:36 AM

do I need to enter employer contribution to a MRA in my taxes?

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1 Replies
Expert Alumni
Mar 26, 2021 5:08:58 PM

That depends on what an MRA is.

 

I assume that you are referring to a Medicare Reimbursement Account. If so, this is a little problem, because this is not an IRS term.

 

Is this perhaps a "Medicare Advantage MSA" as described in IRS Pub 969? (An MSA is a Medical Savings Account, but this is a specialized one).

 

It's important to know this because the IRS says, "You must file Form 8853, Archer MSAs and Long-Term Care Insurance Contracts, with your tax return if you have a Medicare Advantage MSA."

 

Can you ask the company administering this program (BlueCross?) if your program is a Medicare Advantage MSA?