Our HSA generates interest. Is this interest deductible?
No, there is no deduction for HSA earned interest. The good news is - it is not taxable either. One of the benefits of HSA is that the interest and other earnings in the account are tax free.
Our HSA generates interest. Is this interest deductible?
No, there is no deduction for HSA earned interest. The good news is - it is not taxable either. One of the benefits of HSA is that the interest and other earnings in the account are tax free.
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