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Get your taxes done using TurboTax
Distributions from HSAs are not taxable as long as they are used to pay for qualified medical expenses.
They do need to be reported on your tax return, though. You should receive a form 1099-SA that you will enter here in TurboTax.
This will reconcile the information reported to the IRS as a distribution with your tax return where you confirm it was used to pay for the qualified medical expenses.
Hope this helps!
Cindy
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‎September 25, 2024
1:57 PM
2,148 Views