Reply to Can I pay my child provider more than she ask due to whitholding too much in my dependant FSA?

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Reply to "Can I pay my child provider more than she ask due to whitholding too much in my dependant FSA?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't know whether it is an IRS requirement or my company's specific FSA, but I am pretty sure the provider has to confirm that the services were rendered in the actual time period.  So at least for me, prepaying would not work.  You may want to check with your FSA plan to confirm this.  I would pay grandma and offer to help her file her taxes - if that's her only source of income, doing her taxes should be easy, and much cheaper for you than losing several thousand dollars.[/quote]

I don't get how it's cheaper for OP -- she's still not getting the money back, it's just going to grandma instead of her FSA administrator, right?[/quote]

Yeah, I guess "cheaper" was the wrong word to use.  I should have said "more beneficial".  Because at least in my mind, I would rather have my mom/MIL (or whoever is the family member that's "grandma") get the money instead of the FSA administrator.  My point was, filing a simple tax return is a small price to pay to get several grand. If grandma really doesn't want the money, she can give it right back to OP or the kid in form of a gift.[/quote]

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