Thanks for this question; I would like to know, also!

Mileage for 2006 is 18 cents a mile. I have submitted mileage for pharmacy, dentist, etc. The only thing I don't claim mileage on is the over-the-counter items.

I would like to know how you enter mileage for doctor

visits that have been submitted to your FSA account.

In other words I would like to submit the copay for

r the doctor visit to the FSA, but not the mileage.

The only way that I have found to report the mileage

e in the Tax Deduction report is to create a

completely separate entry for "Mileage" for the same

date/doctor. Is this how you do it?

I actually don't have reason to care. Once I take my FSA reimbursed expenses out of the total, I fail to exceed the 7.5% of AGI limit. Unfortunately, I think the way you suggest is the only way to do what you want. Sounds like there needs to be an option to allow tax deductible mileage on FSA associated expenses.

And QuickenLisa chuckled when I started talking about v3... ;-)

BTW: What is the 2006 rate for mileage,

Considering that the rate changed in the middle of 2005, I'd wait until December of 2006 before worrying about the rate. I tried to look it up on the IRS's web site, but the only publications I could find dealt with FY2005.

and can you

submit pharmacy runs or just doctor visits?

<url=http://www.irs.gov/publications/p502/index.html> Publication 502</url> is ambiguous on this point. Consult your tax advisor.

Message was edited by

LanMan

at {1}

-Tony

Quicken Antonio, would you please put this on your list of QMEM holes to patch. Thanks

However, it did lead me to a solution for the times where we will go on multiple visits but be billed only once.

Here's how I got it to work with that example.

I entered into the normal expense criteria.

When insurance pays the amount less copay, I enter in that payment for the insurance carrier in line 1 (Primary).

I have a FSA credit card that I use. I enter in an additional line on the same form, (I set up a dummy insurer called "FSA" and enter in the second line for the copay amount.

I then set the "Tax & FSA Status" to Tax Deductible.

Results is the mileage is recorded for tax deduction, but the FSA reimbursement is not.

Variation on example: Sometime I am unable to use a credit card (FSA) at time of service. I leave the FSA payment off the record and mark the "Tax & FSA Status" as FSA-Submitted. Once reimbursed from my FSA, I then enter the payment in under insurance payments like I did above and then flip the status to Tax Deductible.

Let me know if that helps and if I am missing something that will bite me back later....

I have to say that the process of entering a separate Mileage entry for each item that is submitted to the FSA is becoming a real pain to keep track of. My calendar view is a real jumble with duplicate calendar entries for nearly every item. I hope that QMEM will address this in the very near future. How about it, Quicken Bruce?

I would like to poll the group about this. How many of you submit a mileage expense to your FSA account along with your copay/payments?

I personally never submit the mileage expense to my FSA unless it is an unusual expense, such as going out of town to get treatment.

I would like to poll the group about this. How many

of you submit a mileage expense to your FSA account

along with your copay/payments?

I personally never submit the mileage expense to my

FSA unless it is an unusual expense, such as going

out of town to get treatment.

I've never submitted mileage. I've always run out of money in the FSA before I've had to.

-Tony

PS. And to LanMan's original point, after running out of FSA money, I've also never had enough medical expenses remaining to be able to deduct anything from my taxes.

And I full heartedly agree with the points being made, as I think this is part of the larger issue that not all of the expenses <dollars and miles> associated with an Expense <an entry in the log> are fully attributable to either FSA or Taxes. I would expect both issues <1. not all dollars are reimbursed by FSA, and 2. miles are not FSA items, but dollars are> to be fixed simultaneously; but I'm willing to be surprised. ;-)

Message was edited by

apwilhelm

at {1}

It never occurred to me to submit mileage to my FSA. I also have enough expenses to more than adequately exhaust my FSA each year. I track my mileage with a paper log in my car and transfer the info to Vehicle Mileage Tracker in Quicken and it goes on my Schedule A when I file my taxes. I can't deal with some of my mileage recorded here and some of it recorded there. Although, I might reconsider this position.

Nancy Jackson

Exactly my point! I too run out of FSA funds well before the year is out. Therefore it really doesn't make sense to submit them to the FSA account. That is why QMEM needs to handle the mileage differently. Simply submitting a copay to the FSA does not mean that the mileage should be removed as a tax deductible item.

WOW! Good point, LanMan. I picked up the mileage from the tax deductions report, but didn't even think about the rest of the mileage from the FSA covered claims... I did not get any FSA reimbursement for mileage (I used all of it up on doctors, etc.)

I'll have to revisit my total medical mileage on my tax form (I haven't finished it yet!).

Thanks.
Bonnie

I do! I submit mileage for every trip to the dr/dentist/pharmacy when I make the FSA submission for the co-pay, etc. Our medical expenses always far exceeded our FSA until last year. In order to use up all the FSA, I submitting the mileage, because I couldn't stand to let the unused FSA funds go to waste! So this year, I started submitting the mileage concurrently. Would love to see a feature that includes the mileage in the FSA totals.

Agreed. Again, just flagging the claim as FSA Reimbursed does not necessarily give you a total of what FSA actually reimbursed you. So, trying to match the FSA expense report to your actual FSA money is difficult!
.

.Bonnie

I asked my administrator (actually the ADP flex direct manager) and they advised that mileage is not a deductible expense for FSA - at least with my plan. I am not sure about whether if you had to go out of town for medical with overnight stays if other expenses would be reimburseable. Doubt it though - otherwise the Federal 7.5% floor on medical expenses (i might be wrong on the Percentage) would not be hurdle and this would be a workaround

That's very interesting, moskowa. I now have ADP as well, but haven't even tried to submit mileage as I will run out of FSA dollars well before the year is out. However, I have submitted and been reimbursed from FSA managers other than ADP in the past. I would think that they would have to cover/reimburse travel expenses.