Each January, your mailbox and e-mail is likely filled with tax forms. If you work for an employer, you’ll receive a W-2 reporting your wages. But if you do any self-employed or freelance work, you ...
HSA distributions for qualified medican expenses are tax deductible. But my HSA company last year sent me 1099 form and my tax preparer added that amount to my earnings and applied 10% tax in the 8889 ...
Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...
Form 5498-SA -- which shows the total amount of contributions made to an HSA from any source for the previous plan year (2018 in this case) -- will be available in mid-May. The form typically is not ...
Do I need a 1099r to show an ira to hsa funding distribution? State Farm says no because it was a trustee to trustee transfer. My tax program wants one in order to get the information on the 8889 form ...
Q: Last year was my first with a high-deductible health plan combined with a health savings account at work. What do I need to report concerning the HSA when I file my taxes? A: When you file, you’ll ...
So I set up an HSA last year to go along with my high-deductible health insurance from work. I have the HSA at the same credit union where the rest of my banking is done. The account is completely in ...