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Andhrawala
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Username: Andhrawala

Post Number: 5487
Registered: 03-2008
Posted From: 66.57.127.83

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Posted on Wednesday, February 23, 2011 - 06:07 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dharmam:

9k ela, adu clear ga rastadu FSA vi kadu ani


FSA allowance is 5K. actual expesne can be greater or lower.

If less, the difference will be added to taxable income.

if more the addl 4K wont be given any tax exemption
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Dharmam
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Username: Dharmam

Post Number: 2672
Registered: 03-2008
Posted From: 206.16.32.135

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Posted on Wednesday, February 23, 2011 - 04:45 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Andhrawala:

How much u paid ante 9K ani pettali


9k ela, adu clear ga rastadu FSA vi kadu ani
Sonia Gandhi has shown zero tolerance for corruption -Chiru
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Andhrawala
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Username: Andhrawala

Post Number: 5485
Registered: 03-2008
Posted From: 192.58.204.226

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Posted on Wednesday, February 23, 2011 - 03:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

How much u paid ante 9K ani pettali

If u put 4K it thinks 1K which u claimed as FSA deduction is taxable now.
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Dharmam
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Username: Dharmam

Post Number: 2670
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Posted From: 75.18.209.20

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Posted on Wednesday, February 23, 2011 - 02:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

I think it is 4k because 5k already pre tax money
Sonia Gandhi has shown zero tolerance for corruption -Chiru
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Cinejeevi
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Username: Cinejeevi

Post Number: 836
Registered: 09-2010
Posted From: 91.103.41.50

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Posted on Wednesday, February 23, 2011 - 11:56 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

i had FSA 5k in column 10 of my W2. while filling the info in the tax software same as been entered. i paid around 9K in total to my kid's school towards daycare for 2010.

Now in taxslayer it said i need to enter 2224 or something. so when entering the information how much amount i should enter for the amount i paid the institute? 9K or 4K?

In taxslayer when i enter this info the amount i owe is getting shot up by about 600 where as in TaxAct it is not. This is irrespective of entering 9K or 4K.

any ideas or someone in similar situation?

TIA
Hyd lo andhra region vaallaki, kashmir lo hindu panDits ki rakshana lEdu. raadu. Hyd ni seperate country sesi owaisi ni PM settene naaboti andhra vadiki Hyd lo rakshana anukuntunna.

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