[tabi] Re: reminder for state workers
- From: "Sila Miller" <silam@xxxxxxxxxxxxx>
- To: <tabi@xxxxxxxxxxxxx>
- Date: Mon, 28 Sep 2009 20:47:04 -0400
Also, a little different subject but as the Florida State Employees Charitable
Campaign FSECC is in full swing, please don't forget the Lighthouse when you
donate. Many thanks! Sila
----- Original Message -----
From: Chip Orange
To: tabi@xxxxxxxxxxxxx
Sent: Monday, September 28, 2009 5:00 PM
Subject: [tabi] reminder for state workers
Hello all,
right now it's open enrollment time for state workers, which includes
specifying your next year's options such as medical reimbursement accounts. if
your employers doesn't offer you medical reimbursement accounts, you should ask
why not; these are quite valuable to you, and the reason for this post.
one thing you can do with your medical reimbursement account, aside from the
obvious one of claiming medical expenses, is to claim expenses related to being
blind (some expenses anyway). these are counted by the IRS as medical
expenses, and include such items as *any* special technology for the blind (a
screen reader, a book reader, anything whose description says it's a device
specifically meant for the blind). expenses related to guide dogs, their care
and feeding and procurement, are also covered.
when an expense is covered, this means that you do not have to pay income tax
on that expense. it's just like getting a 25% discount!
the only thing is that you have to set up next year's account now, and plan
how much money to fund it with; and, if you don't use up that amount of money,
you cannot get it back; so you need to be sure you will have that much in
expenses.
however, if you know that you want to buy a $2000 device such as a note
taker, why not go ahead and plan for perhaps a $500 discount! that's right,
that's the amount someone in the 25% tax bracket would get back.
Of course, you can also add the amount for prescription medication, dental
work, OTC medications, glasses, etc.
hth,
Chip
------------------------------
Chip Orange
Database Administrator
Florida Public Service Commission
Chip.Orange@xxxxxxxxxxxxxxx
(850) 413-6314
(Any opinions expressed are solely those of the author and do not
necessarily reflect those of the Florida Public Service Commission.)
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