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Get your taxes done using TurboTax
This is because of the Last-month rule. You are considered to be an eligible individual for the entire year if you have coverage on the first day of the last month of the tax year. If you lose your right to coverage in the following year, however, you may need to include in income some of the HSA deductions you took. You can learn more from IRS Publication 696.
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‎February 20, 2025
3:39 PM