Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Since deposits can be made by anyone on behalf of the account beneficiary, who can legally take the tax deduction?

April 26, 2017account behalf Beneficiary deposits legally tax deduction

0

Posted

Since deposits can be made by anyone on behalf of the account beneficiary, who can legally take the tax deduction?

1 Answer

0

Posted

A. Contributions made by a family member on behalf of an eligible individual to an HSA are deductible by the eligible individual in computing adjusted gross income.