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Showing content with the highest reputation on 07/05/2014 in all areas
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2 points
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I agree. But this person is also a friend and tells me his boss is clueless and could not answer any questions. If it turns out it is taxable down the road and he has to pay back taxes on it, it will be a burden for him. I also would like to understand this issue so I can advise people if they ask.1 point
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I agree that we don't know whether or not the W-2 is correct or not, and neither does mrichman333. I also think Jack's assumption is reasonable and the client should be able to provide, or obtain, a copy of the HRA plan summary if a proper plan really exists.1 point