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.

What is the tax treatment of HSA contributions?

contributions HSA tax treatment
0
Posted

What is the tax treatment of HSA contributions?

0 CommentsAdd a Comment

1 Answer

0

Individual contributions are deductible whether the individual itemizes or not. Contributions constitute an adjustment to adjusted gross income — in other words ‘above-the-line’. Employer contributions are tax-free to employees.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123