You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
Hi Farhat! Thank you so much for this video. Can i just clarify the following: Distributions for qualified medical expense = NOT included in gross income Distributions for NO qualified medical expense = include in gross income + 20% penalty Contributions HSA within limit 3850 single/ 7750 families = included in adjustments to arrive at AGI? Contributions HSA in excess of limits above = DO NOT include within adjustments.
Great explanation on HSA
You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
✔farhatlectures.com/
✔Instagram: @farhatlectures
✔ Linkedin: www.linkedin.com/in/professorfarhat/
✔Facebook:@accountinglectures
✔Twitter: @farhatlectures
🎤Email: Mansour.farhat@gmail.com
Hi Farhat! Thank you so much for this video. Can i just clarify the following:
Distributions for qualified medical expense = NOT included in gross income
Distributions for NO qualified medical expense = include in gross income + 20% penalty
Contributions HSA within limit 3850 single/ 7750 families = included in adjustments to arrive at AGI?
Contributions HSA in excess of limits above = DO NOT include within adjustments.
Moore Barbara Anderson Brian Hernandez Michelle