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Deductions & credits
My bank has this statement regarding fees and taxes.
"If administration fees are withdrawn from the HSA, are the withdrawn amounts treated as taxable distributions to the accountholder?
Amounts withdrawn from an HSA for administration and account maintenance fees will not be treated as a taxable distribution and will not be included in the account beneficiary's gross income."
<a rel="nofollow" target="_blank" href="https://hsa.umb.com/BrokersAgents/EducationandTools/FAQs/Q035716">https://hsa.umb.com/BrokersAgents/...>
"If administration fees are withdrawn from the HSA, are the withdrawn amounts treated as taxable distributions to the accountholder?
Amounts withdrawn from an HSA for administration and account maintenance fees will not be treated as a taxable distribution and will not be included in the account beneficiary's gross income."
<a rel="nofollow" target="_blank" href="https://hsa.umb.com/BrokersAgents/EducationandTools/FAQs/Q035716">https://hsa.umb.com/BrokersAgents/...>
‎June 4, 2019
12:34 PM