Question: Patrick (72) contributed to an HSA before he retired and still has funds available. If he uses $2,000 of his HSA funds to pay for
Patrick (72) contributed to an HSA before he retired and still has funds available. If he uses $2,000 of his HSA funds to pay for a vacation, what is the federal tax consequence? No tax and no penalty. Ordinary income tax, but no penalty. No tax, but a 10% penalty. No tax, but a 20% penalty
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