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

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

If i only use my hsa for qualified expenses, does it have any effect on my taxes?

do i even need to include it?
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 Reply
dmertz
Level 15

If i only use my hsa for qualified expenses, does it have any effect on my taxes?

When used for qualified medical expenses, HSA distributions are not taxable but are required to be reported on Form 8889 Part II.  If not present on Part II of Form 8889, the IRS will treat the distribution as taxable and potentially subject to an additional 10% tax.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies