• Leo Williams is single and 45 years old • Leo works as an IT manager and his F

ID: 2611158 • Letter: #

Question

• Leo Williams is single and 45 years old

• Leo works as an IT manager and his Form W-2 shows wages of $47,250

• Leo participated in his employer’s self-only coverage High Deductible Health Plan (HDHP) all year

• Leo does not have any other health coverage

• Leo has had an HSA for two years

• Leo’s employer contributed $1,500 in 2017 to Leo’s HSA

• In 2017, Leo’s Aunt contributed $2,000 to Leo’s HSA

• Leo is a U S citizen and has a valid Social Security number

1. For Leo to be an eligible individual and qualify for an HSA, which of the following

must be true?

a He cannot be claimed as a dependent on someone else’s return

b He must have an HDHP and cannot be enrolled in Medicare

c He cannot have any other health coverage

d All of the above

2. Where on Form 1040 would Leo report his HSA deduction?

a Payments section

b Income section

c Adjusted Gross Income section

d None of the above

3. Employer contributions to an HSA are reported on an employee’s Form W-2

a True

b False

1) he can not be claimed as a dependent on someone else's return .

2) income section

3) True

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