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I'm changing over from an HSA to an FSA this year. Are there
I'm changing over from an HSA to an FSA this year. Are there differences in what are allowed expenses between the two? I'll have to familiarize myself with the FSA list of eligible expenses.… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,080 satisfied customers
I am looking for information about use of Flexible Spending
I am looking for information about use of Flexible Spending Account vs a Health Savings Account. Have an HSA and a High deductible health plan, but considering switching to a PPO and FSA. I still have… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,080 satisfied customers
I have a question about employee contributions to and HSA
I have a question about employee contributions to and HSA account … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,511 satisfied customers
IS GROSS DISTRIBUTIONS FROM A 1099SA TAXABLE, I HAVE A 1099
I HAVE A 1099 SA WITH SIATRIBUTIONS IN BOX 1 AND HSA CHECKED IN BOX 5 … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
I have an HSA. I put approx. $1,500 in it per year and take
I have an HSA. I put approx. $1,500 in it per year and take a deduction for it as as adjustment to gross income. I incurred approx. $2K qualified medical costs during the year. They were out of networ… read more
Bill
Bill
Master's Degree
2,074 satisfied customers
My questions relates to HSA distributions and medical
Hello My questions relates to HSA distributions and medical expense deductions in 2015 when I was no longer eligibile as of February, 2015. My HSA 2015 distribution for 2015 was for used for paying 20… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
Can I still reimburse my medical expenses of 2014 from my
Can I still reimburse my medical expenses of 2014 from my HSA account? Will any of the expenses "expire" (no longer reimbursable) any time? Say if I want to reimburse some expenses of 2009 (already st… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Regarding HSA plans - as far as I know as as I'm on any plan
Regarding HSA plans - as far as I know as long as I'm on any plan with a "high deductible" I can contribute to an HSA and it doesn't have to be a plan with the word "HSA" in its title? Also, as a self… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
This year 2015 is a first year I am eligible and have HSA account.
This year 2015 is a first year I am eligible and have HSA account. My husband and I have medical bills incurred this year that exceed the allowable contribution amount. May I reimburse myself from con… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
I am enrolled in an HSA plan w.e.f 1 January 2015.I have a
I am enrolled in an HSA plan w.e.f 1 January 2015.I have a balance in the HSA bank account. I intend to change to a non hsa plan w.e.f 1 march 2015. Under the circumstances the pending balance in the … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
Can an individual contribute to an HSA and then pay their
Can an individual contribute to an HSA and then pay their monthly cost of health insurance from the HSA? Individuals insurance plan is with through the Cover Calif. marketplace? Thank You, Fred… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
A couple has a balance in the husband's HSA of 7,048 on
A couple has a balance in the husband's HSA of 7,048 on 12/31/2013. He has not funded the HSA yet for the 2014 year. On 9/1/2014, the couple enrolled in a high deductible plan from Blue Cross & on the… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,080 satisfied customers
Hello - I have a question about high deductible health plans
Hello - I have a question about high deductible health plans and Flexible Spending Accounts. I have read Publication 969, but it is not clear to me. I would like to know if I can continue to participa… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I actually accepted your answer before I realized I should
I actually accepted your answer before I realized I should have asked you a two-part question. The second part of the question is: Is there any real advantage to having a health savings account if the… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
Would a $10,000 contribution to a new Long Term Health Savings
Would a $10,000 contribution to a new Long Term Health Savings Account be tax deductible or tax-exempt from my Federal Income Tax liability?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,464 satisfied customers
Please ... I have not gotten any responce to what I asked on
Please ... I have not gotten any responce to what I asked on 04/16 ...to repeat: using turbo tax.... question regarding our HSA. Is there a 10% tax on funds distributed (ie legitimate med bills paid) … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
For 1040 return, I itemized deductions and understand that
For 1040 return, I itemized deductions and understand that I can deduct allowable medical expenses for the amounts spent over 7.5% of my adjusted gross income. After the allowable medical expenses ded… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
1,732 satisfied customers
I wanted to open an HSA account but none of the eligible Health
I wanted to open an HSA account but none of the eligible Health Insurance options had the benefits we wanted. Is there a tax-deductible retirement fund of any kind which can also be used for health co… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
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