How can I claim Health Savings Account (HSA) Deduction?

 
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Posted On : 6th Oct 2009

Health Savings Account (HSA) Deduction

 Generally, an HSA is a health savings account set up exclusively for paying the qualified medical expenses of the account beneficiary or the account beneficiary’s spouse or dependents. You may be able to take this deduction if contributions (other than employer contributions, rollovers, and qualified HSA funding distributions from an IRA) were made to your HSA for 2008.

 

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