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In its first private letter ruling on a medical reimbursement program, the IRS responded to a taxpayer's request for guidance on a reimbursement plan for certain of its employees' expenses not covered under the company health insurance program (www. irs.gov/pub/irs-wd/0329014.pdf).

* In its first private letter ruling on a medical reimbursement program, the IRS responded to a taxpayer's request for guidance on a reimbursement plan for certain of its employees' expenses not covered under the company health insurance program (www. irs.gov/pub/irs-wd/0329014.pdf). Because the plan met the requirements of revenue ruling 2002-41 and notice 2002-45, the IRS offered no explicit new guidance. But, in contrast to its requirements for flexible spending accounts, the IRS did not object to the taxpayer's practice of making available to employees at a given point in the benefit year only a pro rata portion of the amount obtainable from the reimbursement program for the entire year.
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Title Annotation:Tax Notes
Publication:Journal of Accountancy
Date:Nov 1, 2003
Words:114
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