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Do I include HSA/FSA reimbursement in TT as a medical reimbursement if I am itemizing deductions?
If I am itemizing deductions and use HSA/FSA funds to reimburse myself for out-of-pocket medical expenses, should these be listed in TT as medical reimbursement? TurboTax uses the example of "if an insurance company pays you back for any expenses you paid out-of-pocket enter them here."
HSA/FSA funds are your own money that you put aside for medical expenses so I don't believe they should be entered to reduce your medical deductions.
Interested in the opinions of some tax experts and a tax publication that speaks to this topic.
‎December 6, 2024
10:23 AM