![]() Qualifying Child - Is not an otherwise “qualifying child” of the taxpayer or of any other taxpayer for any portion of the year.Ī dependent is qualified if they meet the “Qualified Child” definition below and are under the age of 13, or is a spouse/dependent who is physically or mentally incapable of self-care.Support - For whom the taxpayer provides over one-half of the individual’s support for that calendar year, and.(Gross income limit test does not apply to health plans – so you may omit this definition when looking at a health plan, Health FSA, or HRA.) Gross Income – Has gross income that is less than the personal exemption amount $4,4 tax year.Relationship – An individual who bears a relationship to the taxpayer as described under Code Section 152(d)(2), including someone who has the same principal abode as the taxpayer for the taxable year and is a member of the taxpayer’s household.There is an exception for certain adopted children. citizen or national, or a resident of the U.S., Canada or Mexico. Support – did not provide more than one-half of his/her own support for the tax year.The child must also be younger than participant unless the child is permanently and totally disabled. Age – must be under the age of 27 at the end of the tax year or be permanently and totally disabled at any time during the tax year.Exceptions apply, in certain cases, for children of divorced or separated parents, and other special instances. Residence – has the same principal residence as the taxpayer for more than half the tax year.Relationship – the taxpayer’s child or stepchild (whether by blood or adoption), foster child, sibling or stepsibling, or a descendant of one of these.Age – must be under the age of 27 at the end of the tax year.Relationship – the taxpayer’s child, stepchild (whether by blood or adoption) or foster child.An individual would be considered a “dependent” if they fall under one of the following:.Generally, pre-tax benefits may only be afforded to the employee, their spouses and dependents.An employee must be eligible for group medical plan (not enrolled, only eligible) in order to be eligible for Medical FSA.Transit Pass Expenses incurred for any pass, token, farecard, or voucher that entitles a person to transportation (or transportation at a reduced price) on mass transit facilities (whether or not publicly owned) or provided by any person in the business of transporting persons for compensation or hire if provided in a highway vehicle with a seating capacity of at least six adults (excluding the driver)Įligible Parking Expenses are incurred to park your vehicle in a parking garage or lot on or near the business premises of your employer or to park your vehicle at a location from which you commute to work by (a) mass transit facilities, (b) a commuter highway vehicle, or (c) carpoolĬommuter Highway Vehicle (Van-Pool, i.e. Medical Savings Account (MSA) contributions Suntan lotion ( sun protection is eligible but requires broad spectrum protection and an SPF of 15+)ĭancing and Swimming Lessons (even if recommended by doctor) Health Savings Accounts (HSAs) contribution ![]() Transportation expenses (relative to health care)įlexible Spending Arrangement (FSA) contributionīaby Sitting, Childcare, and Nursing Services for non-impaired child Telephone or TV equipment to assist the hard-of-hearing Organ transplant (including donor's expenses) Lodging (away from home for outpatient care) ![]() Air conditioner (when necessary for relief from difficulty in breathing)Īutoette (when used for relief of sickness/disability)Ĭonvalescent home (for medical treatment only)įICA and FUTA tax paid for medical care service
0 Comments
Leave a Reply. |