- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I had 2016 medical expenses exceeding 10% AGI. I also paid some 2015 medical expenses with my HSA in 2016. Are these 2015 expenses Qualified Medical Expenses for 2016?
I established my HSA in 2014.
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I had 2016 medical expenses exceeding 10% AGI. I also paid some 2015 medical expenses with my HSA in 2016. Are these 2015 expenses Qualified Medical Expenses for 2016?
Expenses paid with distributions from an HSA cannot be a medical deduction on Sch A since that deduction was already given to you when you funded the HSA.
But if your question is "Is a 2015 medical expense paid with HSA funds in 2016 a qualified medical expense in terms of being a qualified expense for the purpose of using money from the HSA", the answer is "yes".
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I had 2016 medical expenses exceeding 10% AGI. I also paid some 2015 medical expenses with my HSA in 2016. Are these 2015 expenses Qualified Medical Expenses for 2016?
Expenses paid with distributions from an HSA cannot be a medical deduction on Sch A since that deduction was already given to you when you funded the HSA.
But if your question is "Is a 2015 medical expense paid with HSA funds in 2016 a qualified medical expense in terms of being a qualified expense for the purpose of using money from the HSA", the answer is "yes".
Still have questions?
Make a post