Does the prescription fee paid by HSA count towards prescription expense (deduction & credit)?
Hi,
I'm at the "Tell us about any prescription medication expenses" section of the Deductions & Credit. I wonder if the expense I paid using HSA credit would still count towards the prescription expense.
Thank you!
01216
1 Replies
NCperson
Level 15
Apr 5, 2021 1:29:55 PM
no it doesn't - you can't 'double dip'.. the money that went into the HSA was pre-tax money, so you already are avoiding paying taxes on that money....you can't claim expenses to avoid taxes where you already did so....