Vid
New Member

Deductions & credits

Can you please explain more about what you said here - "If you put $6K in the HSA you save  federal + state + FICA taxes on that amount. ". I am confused. If I am putting $6000 into my HSA, it is from my earnings. My earnings are already tax deducted. So I will lose money in tax if I deposit my post tax payroll dollars into HSA. I am sorry if this is not clear. The money in my pocket is after tax. Why would I put that into HSA and how do I get advantage.