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Level 1
January 7, 2022
Question

Health Related Accounts

  • January 7, 2022
  • 2 replies
  • 17 views

In Turbo Tax Deluxe under FEDERAL TAXES/Tell us about health-related accounts you had in 2021, the following options are listed:

Health Savings Account (HSA)

Medical Savings Account (MSA)

Medicare Advantage MSA

None of the above

 

We have the following deducted from our Social Security payments each month:

Medicare Medical Insurance

Medicare Prescription Drug Plan

 

We also have Gap Insurance through an Insurance company.

 

Which option should I take in Turbo Tax?

    2 replies

    Critter-3
    Level 15
    January 7, 2022

    NONE in that section ... those items are entered in the Medical expenses section coming up next...  

     

    Level 15
    January 7, 2022

    You would choose none of the above.

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    Critter-3
    Level 15
    January 7, 2022

    Also don't double enter ... if the medicare is listed on the SSA-1099 then you don't enter them again in the medical expenses section ... double dipping is not allowed.   Read the screens carefully.