Discussion:Single Shareholder/Employee Flexible Spending Account

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Revision as of 15:35, 10 March 2007

Discussion Forum Index --> Tax Questions --> Single Shareholder/Employee Flexible Spending Account

Jc (talk|edits) said:

10 March 2007
Any rules on the books to prevent me from starting a Flexible Spending Account for my single shareholder/employee S corp? S corp pays health insurance premiums and reports as wages already, but I have a ton of out of pocket medical expenses that I'd like to deduct.

If I can start one, can I start one ASAP or do I have to wait until '08?

Thanks

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