Retirement tax questions
Yes, if this amount included with other income would create a requirement for you to file a tax return. If you received a Form 1099-SA, this allows you to also show any distributions from your HSA, if applicable, and enter the amount paid for medical expenses which is what eliminates the taxation of a distribution.
The filing requirement for 2021 is shown below.
- Single, under 65 is $12,550 (add $1,700 if 65 or older)
- Filing Requirements 2021 (Start on page 2)
- See the chart below for most taxpayers
