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Yes, you can reimburse yourself from your HSA for a past medical expense, even if you didn't have funds in the account at the time the expense was incurred, as long as you have the receipts and the a... See more...
Yes, you can reimburse yourself from your HSA for a past medical expense, even if you didn't have funds in the account at the time the expense was incurred, as long as you have the receipts and the account was open when the expense occurred . There is no time limit for requesting reimbursement, but you must keep the receipts to prove the expense was qualified. At tax time you will get a form documenting your withdrawal and then you just report that the withdrawal was for a qualified medical expense. 
Thanks for your reply. Does it not matter that I received the credit in exchange for "work" I performed?
I'm pretty bummed about this.  Are there any other brands of tax prep software that allows early December work?     To Turbo Tax -- Can't you just use 2024 forms (with the published 2025 brackets) ... See more...
I'm pretty bummed about this.  Are there any other brands of tax prep software that allows early December work?     To Turbo Tax -- Can't you just use 2024 forms (with the published 2025 brackets) so folks can estimate and plan for year end moves?  I understand these are just estimates and you can disclaimer.  
I agree usually we have it by now, and I start entering data to see what I’m looking at before the end of the year. I understand we have to have updates all the way towards the end of February but at... See more...
I agree usually we have it by now, and I start entering data to see what I’m looking at before the end of the year. I understand we have to have updates all the way towards the end of February but at least we could put our basic information in now! this feels ridiculous.
I paid 600 USD with my credit card (0% apr) for my dentist appointment because I didn't have enough funds in my HSA. Now I want to start reimbursing myself from the HSA every month $100.    Is it t... See more...
I paid 600 USD with my credit card (0% apr) for my dentist appointment because I didn't have enough funds in my HSA. Now I want to start reimbursing myself from the HSA every month $100.    Is it that ok? What do I need to do? What will I need to do at the moment of filing my taxes (will I need to itemized)? 
@robertflittle   As of today (December 2) Online TurboTax 2025 is now available.
@persi03  As of today (December 2) Online TurboTax 2025 has become available at the early-season discounted prices. Be aware that the early-season discounts in past years have typically expired at t... See more...
@persi03  As of today (December 2) Online TurboTax 2025 has become available at the early-season discounted prices. Be aware that the early-season discounts in past years have typically expired at the end of February, but can be locked in at that time by paying in advance.   I personally wouldn't lock it in now since you are unlikely to get a product refund for an online product if you change your mind. And sometimes there are additional temporary limited discounts that pop up during filing season. You can use it for free until you decide. It won't ask you to pay unless/until you try to print or file.
Maybe someone has already reported this in the forum.  If so, please excuse the redundancy.  But I just noticed that Online TurboTax 2025 is now available at the early-season discounted prices.   Be ... See more...
Maybe someone has already reported this in the forum.  If so, please excuse the redundancy.  But I just noticed that Online TurboTax 2025 is now available at the early-season discounted prices.   Be aware that the early-season discounts in past years have typically expired at the end of February, but can be locked in at that time by paying in advance.   I personally wouldn't lock it in now since you are unlikely to get a product refund for an online product if you change your mind.   And sometimes there are additional temporary limited discounts that pop up during filing season.  You can use it for free until you decide.  It won't ask you to pay unless/until you try to print or file.
To enter the W-2G  or other documents For your Gambling winnings--Go to Federal>Wages & Income>Less Common Income>Gambling Winnings You can enter your winnings, and then keep clicking through the i... See more...
To enter the W-2G  or other documents For your Gambling winnings--Go to Federal>Wages & Income>Less Common Income>Gambling Winnings You can enter your winnings, and then keep clicking through the interview to enter gambling losses.   https://www.irs.gov/help/ita/how-do-i-claim-my-gambling-winnings-and-or-losses   Gambling winnings are taxable income.  Losses are an itemized deduction.  If you do not have enough itemized deductions to exceed your standard deduction, your losses will have no effect. https://blog.turbotax.intuit.com/income-and-investments/how-are-gambling-winnings-taxed-8891/   2025 STANDARD DEDUCTION AMOUNTS   SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)     For 2025 through 2028 there is an extra  deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out above certain incomes.  
Also when comparing 2 competing products, be sure to read and compare each company's Privacy policy and "Terms and conditions."
@ekwilson38  As you continue your discussion, remember that this is a public Internet forum, so do not post any personal info such as actual SSNs, etc. when commenting in this public forum.  
@ robertflittle wrote: Thanks for the response, MequiteBean! Very helpful.  You're welcome.   When TurboTax goes Online soon, it may offer a discounted rate.  The usual early-season discount ... See more...
@ robertflittle wrote: Thanks for the response, MequiteBean! Very helpful.  You're welcome.   When TurboTax goes Online soon, it may offer a discounted rate.  The usual early-season discount typically has ended at the end of February, and there are sometimes additional one-off discounts before that time.  In any case, you can lock in a discounted price before the increase by paying at that time even if not ready to file.  I wouldn't now, as explained above, but such as late February (or before if there is a better discount.)  We can tell you how to do that when you're ready.  And you should know by then if you plan to use Live Assist, although you can still add it later, if needed, by paying the difference.   @ lefmif 
The answer should be "you can withhold whatever you want", because your tax rate could be anything between zero and 39% (depending on other income) and the plan has no way of knowing.  There is no ta... See more...
The answer should be "you can withhold whatever you want", because your tax rate could be anything between zero and 39% (depending on other income) and the plan has no way of knowing.  There is no tax regulation that specifies a maximum amount that can be withheld, but the plan might have their own rule. 
Ask the plan.  But you can’t withhold more than the gross distribution.  You can take out more than the RMD required amount from your account to have more withheld.   
@sawdustguy wrote: I also will avoid subscription & cloud usage But not for long. DIY desktop (installed) tax preparation software is going downhill and seems to be gathering speed.   You m... See more...
@sawdustguy wrote: I also will avoid subscription & cloud usage But not for long. DIY desktop (installed) tax preparation software is going downhill and seems to be gathering speed.   You may use H&R Block desktop this year, but they probably won't support Windows 10 next year, so you'll have to make other arrangements at some point.