May a self-employed person contribute to an HSA on a pre-tax basis?
No, self-employed persons may not contribute to an HSA on a pre-tax basis and may not take the amount of their HSA contribution as a deduction for self-employment tax (SECA) purposes. However, they may contribute to an HSA with after-tax dollars and take the above-the-line deductions (contributions to HSA made by the individual).
No. Self-employed persons may not contribute to an HSA on a pre-tax basis and may not take the amount of their HSA contribution as a deduction for SECA purposes. However, they may contribute to an HSA with after-tax dollars and take the above-the-line deductionFor more information on how to develop and implement a Consumer-Driven Health Plan for your company or, for more guideance on HSA. HRA and Section 125 plans, please visit http://www.strictlyhr.com or call 330-575-2029 or wirte strictlyhr@sbcglobal.net.
