HSA
Can I itemize all my medical expenses this year to get over the 7.5% hurdle and also get reimbursed for those medical expenses via my HSA withdrawals?
Can I itemize all my medical expenses this year to get over the 7.5% hurdle and also get reimbursed for those medical expenses via my HSA withdrawals?
Permalink Submitted by Alan - IRA critic on Mon, 2021-03-01 18:50
No, you cannot deduct medical expenses paid for by pre tax HSA distributions. Even if you are reimbursing yourself from your HSA for medical expenses paid in former years, the reimbursement cannot be for prior expenses you deducted on Sch A .
Permalink Submitted by Will Snodgrass on Tue, 2021-03-02 02:06
Thanks Alan, good to know…Will