Deductions & credits

Thank you both very much for the great information and advice. Due to my daughter's ongoing medical issues, I have already paid more than $6K out of pocket for medical bills in the month of January 2022.

 

Therefore, is the simplest solution to just use the $5500 hospital payment receipt (in 2021) as the evidence of the full costs in 2021 (since that amount was legitimate at the time), if I am audited by the IRS?

 

Based on several previous conversations with HSA Bank, I do not think they will agree to issue me a corrected 1099-SA (but I can keep trying if that is the better way to go).

 

Since I will be applying the full $3900 reimbursement (received in 2022 directly back to HSA account) to qualified medical expenses incurred in 2022, I will not have to report a taxable recovery on 2022 taxes, if I understand correctly. Will there be anything special to do on the 2022 tax return then, or just ensure that my distributions for 2022 exceed $3900?

 

Another Question: Does that $3900 reimbursement now count as an official HSA contribution for 2022, even though the money was originally contributed in 2021 and is part of the 2021 5498-SA? I hope not, but thought I should ask, because if it is, I will need to reduce my payroll deductions for this year so that I don't over-contribute in 2022.

 

Thank you!