If my HSA is self funded do I need to declare it on my taxes?

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If my HSA is self funded do I need to declare it on my taxes?

Yes. You must report your contributions to get the tax deduction and you must report any distributions for medical expenses, because if you don’t, the IRS will assume the distributions are non-qualified, taxable, and assess a penalty.

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If my HSA is self funded do I need to declare it on my taxes?

Yes. You must report your contributions to get the tax deduction and you must report any distributions for medical expenses, because if you don’t, the IRS will assume the distributions are non-qualified, taxable, and assess a penalty.

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