Taxes & FSA?

[doni49]

I started a new job in March '11 and for the 1st time ever, I now have an FSA. Do I have to get something from them indicating how much they've reimbursed me before I do my taxes.

[chicagoed195]

An FSA should not have any impact on your personal taxes, other than the amount you elected to defer into the FSA was not subject to income tax or social security and medicare tax.

[HHM]

Concur, nothing special you need to do (except that I believe if you paid medical expenses with the FSA card, you cannot now deduct those expenses on schedule A, but I might be wrong about that).

[doni49]

Thanks guys. That's what I thought but wanted a second opinion.