Carol Wheeler, age 56, is single. Carol earned wages of $48,000 and was enrolled the entire year in a high deductible health plan (HDHP) with self-only coverage. During the year, Carol contributed...




































  • Carol Wheeler, age 56, is single.

  • Carol earned wages of $48,000 and was enrolled the entire year in a high deductible
    health plan (HDHP) with self-only coverage.

  • During the year, Carol contributed $3,000 to her Health Savings Account (HSA) and her
    cousin also contributed $1,000 to Carol’s HSA account.

  • Carol’s Form W-2 shows $600 in Box 12 with code W. She has Form 5498-SA showing
    $4,600 in Box 2.

  • Carol took a distribution from her HSA to pay her unreimbursed expenses:

    • 2 visits to a physical therapist due to a car accident $300

    • unreimbursed doctor bills for $700

    • prescription medicine $400

    • replacement of a crown $1,500

    • over the counter sinus medication $80

    • 10 Zumba classes for $125



  • Carol is a U.S. citizen with a valid Social Security number.


8. The over the counter sinus medication is a qualified medical expense for HSA
purposes.













True
False




Jun 11, 2022
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