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Turbo says HSA earned income from interest, dividends or capital gains is taxable income in CA." I never received an HSA gains tax form from Fidelity. Do I still report?
HSA Earnings in California: Turbo says, "If your HSA earned income from interest, dividends or capital gains, that income is not taxed by the feds. However, CA considers it taxable income." I never received a tax statement from my HSA Provider (Fidelity) with a summary of gains. I also never used my HSA - my employer contributed to it but I did not. Do i need to calculate individual monthly dividend/gains and report it on my taxes, even though I (a) never received a tax form and (b) never used the money?
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‎June 1, 2019
11:58 AM