Can I claim it through my Flexible Spending Account and get the reimbursement? What are IRS and Tax law rule on it?

I want to use my friend's parking permit which is on his name but he never uses it for train station parking and I will pay the money for it. I am not sure how tax will work on it.

Chicago, IL -

Attorney Answers (3)

John Randolph Yoak

John Randolph Yoak

Tax Lawyer - Clearwater, FL
Answered

You can generally be reimbursed for "qualified" expenses related to medical treatment, certain over-the-counter items, and certain dependent care expenses. Parking permit expenses -- particularly those paid to someone other than the issuing authority -- probably will not qualify; however, your best course of action is to ask your Flexible Spending Account administrator to provide a complete list of eligible expenses for which you may be reimbursed.

Yoak Law, P.A. is a business and tax law firm serving clients throughout the State of Florida. If you need help... more
Mark as helpful
Todd Matthew Heine

Todd Matthew Heine

Tax Lawyer - Seattle, WA
Answered

I agree with John: talk to the relevant administrator.

Total Mobility Law is an international law firm that lets companies do global business with the knowledge and... more
Mark as helpful
Bruce Givner

Bruce Givner

Tax Lawyer - Los Angeles, CA
Answered

We cannot answer this over the internet. You need to talk to the plan administrator.

Mark as helpful

Questions? An attorney can help.

Ask your questions on our Q&A forum. It's free and anonymous.

Ask a Lawyer

Need to find an attorney? Browse our lawyer directory.

Find a Lawyer