Health Savings Account

I'm going to prepare my wife and my returns this year. One thing I have a question with. How do I handle HSA's? My wife received something titled "Combined Tax Statement for Forms 1098, 1099, 5498" It lists "Gross Distribution $72.83" and that's it. On another note, I haven't purchased software yet. Still deciding between TurboTax and TaxAct. I know TA is cheaper, but I'm more concerned about accuracy and saving money than I am about an extra $20. Thanks, as always.

> > > > > > > > >
Reply to
kade714
Loading thread data ...

Get Form 8889 and follow the instructions for completing it.

For example:

- total distributions are reported on Line 12a.

- contributions are reported on Line 2; and the deductible part (hopefully all) is carried forward to Form 1040 line 25.

Reply to
MyVeryOwnSelf

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.