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Tuesday Too Small For HR - Is the cost of home testing for COVID-19 an eligible medical expense
Yes, the cost of home testing for COVID-19 is eligible medical expense; reimbursable under FSAs, HSAs
The Internal Revenue Service has announced that the cost of home testing for COVID-19 is an eligible medical expense that can be paid or reimbursed under health flexible spending arrangements (health FSAs), health savings accounts (HSAs), health reimbursement arrangements (HRAs), or Archer medical savings accounts (Archer MSAs).
The IRS also stated that the costs of personal...