Charlene has self-only coverage in a qualifying high-deductible health insurance plan. She is 47 years old and

Question:

Charlene has self-only coverage in a qualifying high-deductible health insurance plan. She is 47 years old and wishes to contribute the maximum amount to her HSA. How much is she allowed to contribute and deduct in 2018? 

a. $1,000 

b. $1,300 

c. $3,450 

d. $3,400 

e. $4,600

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

Question Posted: