Which is TRUE about HSA contributions? After-tax contributions are tax-deductible when reported on Schedule 2 (Form 1040).

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Which is TRUE about HSA contributions?

After-tax contributions are tax-deductible when reported on Schedule 2 (Form 1040).

A taxpayer who is claimed as a dependent is eligible to contribute to an HSA.

Employer contributions are not included in the taxpayer's annual contribution limit.

Pre-tax contributions are exempt from federal income tax but not FICA tax

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 13, 2024 12:05 AM

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Which is TRUE about HSA contributions? After-tax contributions are tax-deductible when reported on Schedule 2 (Form 1040).

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Which is TRUE about HSA contributions The correct answer is Employer contributions are not included ... View the full answer

Income Tax Fundamentals 2013

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