Zareen turned age 65 on May 19, 2021. During the year, she received distributions from her health savings account (HSA) totaling $1,096. She paid $494 for a year's supply of nutritional supplements in February. In April, she paid $134 to her podiatrist, and in August and October, she paid $468 to her chiropractor. Calculate the penalty on Zahren's nonqualified distributions.

Answer rating: 100% (QA)

Information given in the questions are as follows Amount received from Health s... View the full answer