topic Reimbursements from new HSA account for 2020 in Get your taxes done using TurboTax

Reimbursements from new HSA account for 2020

jbwest17 — Fri, 27 Dec 2019 15:52:25 GMT

I have had an active HSA account since 2011 through my company. In 2020, my company is switching to a new HSA management account (ie. Optum to Fidelity).

Can I still reimbursement myself for medical expenses paid in 2019 with funds from the new HSA account in 2020?

Thanks

Re: Reimbursements from new HSA account for 2020

dmertz — Fri, 27 Dec 2019 17:32:59 GMT

Yes. As long as you had a nonzero balance in your HSA within the 18 months prior to the date of the first contribution to your new HSA, the establishment date of the old HSA carries over to the new HSA.

(See IRS Notice 2008-59 Q&A-41)

Re: Reimbursements from new HSA account for 2020

jbwest17 — Fri, 27 Dec 2019 22:48:55 GMT

Thanks so much!