Optional Health Savings Accounts (HSAs) Course
This course was developed to help volunteers assist taxpayers who have an HSA. There are aspects of HSAs that are complex and will remain out of scope.
Overview of Course
HSAs allow individuals with high-deductible health insurance to use tax-deductible contributions to pay qualified medical expenses. The course covers HSA eligibility, contributions, and distributions. In addition, it covers reporting HSA activity on Form 8889, Health Savings Accounts.
Some aspects of HSAs are out of scope—refer taxpayers with these issues to a professional tax preparer:
For more information, see Publication 969.