Pre-Tax Benefits 101

Why do I need to submit a receipt?

The IRS requires that you demonstrate that your purchase is an eligible use of FSA funds.

This may take the form of a receipt, invoice, or Explanation of Benefits.

Your receipt must show:

  • Patient's Name. Your (or your dependent's) name. For retail store purchases, this information may be omitted.
  • Provider's Name or Merchant Name.
  • Date
  • Itemized List of Products and/or Services.
  • Cost per Item. The amount paid for the service or product and/or the portion that is not reimbursed through your insurance carrier.

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