What is gifi cide in schedule 125 for phsp

Question

2433 viewsJanuary 31, 2020Accounting

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Anonymous Posted January 30, 2020

I have expenses under health spending account which is eligible phsp. To record these expenses in schedule 125 please let me know gifi code

score 0 · Answer 1 · 2020-01-31T12:38:04+00:00

Use GIFI code 8620, Employee Benefits, to record premiums paid to a Health Spending Account for an employee.

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