Medical Reimbursement Plan

[Mark Goldberg]

I have a Schedule C business with one spouse as the owner and one the employee. They have a medical reimbursement plan. When the owner spouse incurs medical expenses and the employee spouse is going to submit these for reimbursement, is it important that the employee pay them with a individual check or credit card or can a non business joint account be used?

[jainen]

good paper trail

Since a Schedule C business and the proprietor are the same tax entity, you CAN use a personal account. It is not a very good paper trail, however, for situations where that might matter.