Questions tagged [reimbursement]

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4
votes
1answer
125 views

Cannot be reimbursed by commuter benefit FSA after being let go?

I spoke with support for the commuter benefits card that I was using with my prior employer. I have until June 30th to request these funds to be reimbursed as is typical with an FSA. When I applied ...
2
votes
1answer
82 views

Expense lower due to reimbursement. How to put in administration?

I only recently started to document my financial administration properly. Before, I had an Excel file with all transactions of my bank account (and a separate one for my savings account). Recently I ...
2
votes
0answers
83 views

Buying goods from the US in a business based in France: the business refuses to remove the VAT. Can I get the VAT reimbursed?

I live in California, USA. I plan to purchase ~500 EUR worth of goods by phone from a French business that will send me the goods by mail. I am aware that the business may choose not to charge me VAT,...
4
votes
2answers
91 views

Is it possible to use HSA funds to cover a medical expense billed to a different insurance plan, which is not a HDHP?

Long time lurker, but I have a question that I'd like some help with. Earlier this year my contract/government job switched companies so I had to sign up for new benefits. Company 1's benefits were ...
3
votes
1answer
92 views

Do I file an amended tax return if I repay tuition assistance (after filing my return) that my employer provided in 2017?

I am paying back $24,500 in tuition assistance that I received in 2017. The first $5xxx-something was untaxed but the remainder showed up on my 2017 W2 as income. Now that I'm repaying it, I'm ...
1
vote
1answer
325 views

Business Accounting and Reimbursement of Expenses in a Partnership

This maybe a stupid question but I can't seem to get my mind around it. I have a partnership and we've both spent some money on start-up expenses for which we'd like to be reimbursed now that the ...
2
votes
1answer
501 views

Can a business reimburse travel booked with award miles?

We have an employee who booked business travel using a combination of credit card (cash) and his award miles (Chase points). He is now requesting a reimbursement of the full cash value of the tickets (...
1
vote
2answers
523 views

HSAs: How to show that a claimed medical expense was not previously reimbursed or claimed?

The "nut" of the question When claiming HSA reimbursement for past medical expenses incurred many years past, what is the test for being able to show that the expense was not previously reimbursed by ...
4
votes
1answer
306 views

Can my former employer reimburse my FSA expense due to their error?

Ok, so this is a bit convoluted. To be clear, this is not a "use it or lose it" question, nor is it a question of overspending contributed amounts before leaving (I'm well aware of how all that works)....
1
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0answers
49 views

Can I count pre-funded project money as reimbursement?

I'm a researcher and won a grant a year ago to do a project. But, for reasons far too aggravating to get into, the university has been really dragging its feet on actually letting me spend the money ...
4
votes
2answers
803 views

HSA distributions and tracking receipts

During a presentation regarding HSAs I was informed the IRS can audit one for an indefinite period of time. The presenter suggested we keep records of our claims for 10+ years in paper form. This ...
1
vote
1answer
257 views

Is sending money from abroad (p2p) banned in India?

I was looking at Paypal wikipedia entry and came across this https://rbi.org.in/scripts/NotificationUser.aspx?Id=5216&Mode=0 Am I reading/understanding this wrong ? This facility shall be ...
5
votes
2answers
631 views

Can a reimbursable medical expense be paid from an HSA?

Can a qualified medical expense for which the HSA account holder knows will be reimbursed by his insurance be paid from his HSA? If so, is the subsequent insurance reimbursement considered a ...
0
votes
1answer
67 views

Will I get taxed on reimbursement of my new home allowances

I have a General Contractor (GC) building my new home. I got a 30 year loan from a bank and the bank is giving 5 draws to the GC that total to the entire loan. In my contract with the GC there is a $...
3
votes
2answers
934 views

Are employer gym reimbursement benefits taxable?

My employer reimburses me for up to $50/month for a gym membership. When I put in an expense report, they give me a $50 check. There is no tax withheld. Do I need to report this as taxable income?
0
votes
1answer
77 views

Safe ways to get reimbursement (North America)?

Let's say that I'm getting reimbursed for an out of pocket expense by a company. Due to this post I'm concerned about giving out my account number. even if I trust the company - the account number can ...
0
votes
1answer
137 views

Healthcare / FSA: Lost job. Have expenses from earlier an the year that I have not submitted

(Maybe relevant: I'm in Texas.) My position was terminated last week. Yay. I have a little over $12000 in medical expenses for this year, most of which I had not yet gotten around to submitting. (I ...
6
votes
1answer
747 views

Accounting for reimbursements that exceed actual expenses

When I travel on business, my employer pays for my meals by reimbursing me at a statutory "per diem" rate. Often this exceeds the amount I actually spend on meals. How should I account for the ...
1
vote
1answer
59 views

Moving reimbursement qualifies as accountable, taxed as non-accountable

In the USA in 2014, my moving expense reimbursement met the qualifications for an Accountable Plan, (Pub 512), but my new employer taxed my reimbursement and took the tax out of my paycheck. They ...
2
votes
1answer
7k views

Questions related to medical reimbursment

I am aware that an amount of 15,000 rs can be claimed under medical reimbursement in India if you are a salaried employee. I have the following questions related to this process : Let's say that I ...
2
votes
1answer
2k views

Health Savings Account Insurance Reimbursement

I have an HSA for my HDHP to which I contribute the maximum IRS allowed pre-tax amount every year to save up for future medical expenses. Last year (2014), I had my wisdom teeth removed, and the cost ...
3
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0answers
41 views

How to get reimbursement of the wrong taxes collected by IRS? [duplicate]

I was working as an intern with F1 visa status at a company but that company's HR didn't know that I shouldn't be charged for medicare & SSN tax, so they put me in that tax status and now I have ...
1
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1answer
618 views

Can I use an FSA account to reimburse myself only a portion of a medical expense?

I'm planning on getting LASIK Eye Surgery. I'm expecting the cost for both eyes to be around $5,000 so the $2,500 contribution limit per year the IRS imposes prevents me from covering all of it with ...
2
votes
1answer
155 views

Why are some moving expense reimbursements taxable while normal employee expense reimbursements are not taxable?

I will be moving for a job shortly, and my new employer is reimbursing the costs. If I understand correctly the reimbursement is taxable, but most of it is deductible. If all of it were deductible ...
4
votes
1answer
14k views

Car Accident - Can I get Cash/Check instead?

My vehicle (pick-up truck) was legally parked on a street and a car struck my truck and caused some damage to the body and bumper. When I called, the other driver's insurance company told me to take ...
1
vote
1answer
429 views

Is reimbursement of a brokerage transfer fee taxable income?

I switched the brokerage for a taxable investment account last year. The new brokerage reimbursed the transfer out fee of $50 from my old brokerage. I don't have my 1099s yet but I noticed in the ...