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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!

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1 Reply

Does the prescription fee paid by HSA count towards prescription expense (deduction & credit)?

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....

 

make sense? 

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