Ask Experts Questions for FREE Help !
Ask
    roniegh's Avatar
    roniegh Posts: 9, Reputation: 1
    New Member
    		  
    #1

    Sep 5, 2007, 07:06 AM
    Flexible Savings Account (FSA) for non-resident spouse
    Hi,

    My wife is now on a OPT (Optional Practical Training) F1 Visa, and she want to open her Flexible Savings Account (FSA) to use for medical expenses (deductables, medicines,. ).

    I am here in the US because of her and also because I am doing all the applications to start my MBA next year. But now I am not studying full time, I am just working on all the TOEFL, GMAT and MBA application documents.

    Considering all these situation, as I on a F2 Visa, because of her F1 Visa, is she allowed to use her FSA to pay my medical expenses?

    Or is she allowed to open a dependent FSA for me to use for my medical expenses?

    Thanks for the help, I really appreciate it!

    Best regards,

    Ronie
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Sep 5, 2007, 06:47 PM
    She can use the FSA for hers OR your medical expenses.
    roniegh's Avatar
    roniegh Posts: 9, Reputation: 1
    New Member
    		  
    #3

    Sep 6, 2007, 07:55 AM
    Hi,

    Do you mean only her OR my expenses?
    Or can be she AND my expenses? All paid from her FSA account or I have to have a FSA dependent account too?

    Even if we are married but filling Single in W4 form?

    Thanks for all the help!

    Regards, Ronie
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Sep 6, 2007, 01:57 PM
    Sorry, bad answer!

    BOTH yours and your spouse's medical expenses are eligible for the FSA.

    Yes, claim SINGLE, as youmust file individual tax returns.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Wiring to US savings account [ 1 Answers ]

Hi guys, Hopefully very easy question :) I have a savings account in the US, but live and earn in the UK. I would like to transfer my earnings (after UK tax) to my US account simply by wiring the money from my UK account, and take advantage of the dollar-pound exchange rate (hoping that the...

Joint Savings account with son [ 3 Answers ]

My husband had a joint savings account with his step-son. My husband started this account more than 10 years ago and has money directly deposited into this account. My step-son has put no money into this account. My step-son has always been told this money was to be used for schooling, or if he...

What type of savings account should I open? [ 3 Answers ]

I am currently saving about $1,000.00 per month. Right now it is just sitting in my checking account. I am hoping to purchase a town-house early next year with what I am saving. What type of account should I be saving into?

FICA taxes for Non-resident spouse treated as resident [ 7 Answers ]

I'm a resident alien for tax purposes. My wife was on F-1 till June 2006, then OPT till Nov 2006, and H-1 afterwards. We elected to treat her as a resident for tax purposes when filing returns for 2004 and 2005. My question is : Her employer did not withhold FICA taxes until she received her...

Savings Account [ 2 Answers ]

Hello there! I'm 23 years old. Both my girlfriend and I have good credit and decent income for our age. We want to purchase a home in the near future. What would be the best way to save for a down payment? Are there savings accounts that offer interest? What would be the best way to go?

View more questions Search