Health Care Reform Provisions go into effect
January 14, 2013
Several provisions in the 2010 health care reform legislation go into effect this year. Here are some of the tax provisions that may affect you. * FSA limits The amount that can be contributed to a health flexible spending account (FSA) is limited to $2,500 per year, indexed annually for inflation. * Medical expense deduction The 7.5% income threshold for...
Tags: health care reform