I took a distribution for qualified medical expenses, what records do I need to show the IRS so that the distribution remains tax-free?
• You must keep records (such as receipts) sufficient to show that: • The distributions were exclusively to pay or reimburse qualified expenses; • The qualified expenses had not been previously paid or reimbursed from another source; and • The medical expenses had not been taken as an itemized deduction in any year. Do not send these records with your tax return. Keep them with your tax records.
Related Questions
- May an individual who has not made excess HSA contributions treat a distribution from an HSA other than for qualified medical expenses as the withdrawal of excess HSA contributions?
- When must a distribution from an HSA be taken to pay or reimburse, on a tax-free basis, qualified medical expenses incurred in the current year?
- I took a distribution for qualified medical expenses, what records do I need to show the IRS so that the distribution remains tax-free?
