I have an HSA account that I use to pay for some medical expenses/medical payment plans and prescriptions. We also incurred a significant amount of medical debt that we paid out of pocket, OUTSIDE of the HSA. When itemizing, am I to add EVERYTHING that was paid medical-wise? What I'm finding turbo tax is doing is taking what I inputted as actual out of pocket medical costs & subtracting the distribution amount from the HSA out of that, which is NOT the case. What the distribution of the HSA paid for was different medical costs. Am I to add our actual out of pocket plus what the HSA actually paid for so that their calculations are accurate? Does this make sense?
You'll need to sign in or create an account to connect with an expert.
Yes. It makes sense. The goal when itemizing, is to report only enter the medical expenses that you paid over and above the contributions made to the HSA.
I recommend going back through the medical expenses interview
I too am having this problem. I have only entered the above and beyond medical expenses paid in addition to what HSA account paid. But at the end of process TurboTax deducts the amount listed in the 1099-SA and states if amount is incorrect to go back to Wages & Income and edit your form 1099-SA. This does not seem correct as the amount that I paid out of pocket was significantly greater than what was paid from HSA by over $7K because I didn't have the funds in the HSA account.
You have to look for the screen below and indicate that you used the 1099-SA for medical expenses. If you are not deducting other medical expenses as an itemized deduction do not enter them.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Keppy
Level 1
ambass1977
New Member
kgorm
New Member
chibusinessman_2
New Member
leeceebeme
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.