turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Hi! i have a health care reimbursement account. is that the same as an HSA?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
PaulaM
Employee Tax Expert

Hi! i have a health care reimbursement account. is that the same as an HSA?

No, an HRA is different from an HSA.

HRA - You do not need to report anything on your tax return with regard to your HRA (Health Reimbursement Arrangement). The account is funded by your employer so there isn't anything for you to deduct. You won't pay taxes on the disbursements either.

See below for key differences.

https://www.zanebenefits.com/blog/bid/120341/hsas-vs-hras-savings-accounts-vs-reimbursement-arrangem...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
PaulaM
Employee Tax Expert

Hi! i have a health care reimbursement account. is that the same as an HSA?

No, an HRA is different from an HSA.

HRA - You do not need to report anything on your tax return with regard to your HRA (Health Reimbursement Arrangement). The account is funded by your employer so there isn't anything for you to deduct. You won't pay taxes on the disbursements either.

See below for key differences.

https://www.zanebenefits.com/blog/bid/120341/hsas-vs-hras-savings-accounts-vs-reimbursement-arrangem...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question