Hidden Obamacare Tax

Internal Revenue Service ^ | June 25, 2012 | Jackie B. Manasterli

[NonLinear]

Hidden tax resulting from Obamacare. Flexible Spending Accounts (FSA) pre-tax deduction is now limited to $2,500. That's not $2,500 per person, that is the total allowed pre-tax deduction.

This is effectively a tax on the $2,500 that is no longer allowed for a working person with a stay-at-home spouse. Last year's limit was $5,000.

However, if both people are working, then each can elect the $2,500 deduction from their checks.

[Sequoyah101]

Ever watch a cat play with a mouse?

I’m bored now and going to bed.

[C. Edmund Wright]

enjoy your cheese rodent

[NonLinear]

No. HSA rules are still pretty close to last year.