Valerie Spring is 63 years old. Valerie is single, is not disabled, and has no d
ID: 2719877 • Letter: V
Question
Valerie Spring is 63 years old.
Valerie is single, is not disabled, and has no dependents.
In 2015, she had earnings from her job of $22,300.
Valerie has participated in her employer's self-only HDHP coverage since May 1, 2015 when she started a new job.
Valerie asked the HSA trustee from her previous job to transfer the balance of $2,300 into the HSA at her new job.
In 2015, Valerie contributed $750 to her HSA.
Contact lenses (needed for medical reasons)—$380
Medication for a skin condition (prescription from a doctor)—$215
Dental visit—$500
Health club fees—$400
Valerie is a U.S. citizen, has a valid Social Security number, and is not eligible to be claimed as a dependent.
Interview NotesValerie Spring is 63 years old.
Valerie is single, is not disabled, and has no dependents.
In 2015, she had earnings from her job of $22,300.
Valerie has participated in her employer's self-only HDHP coverage since May 1, 2015 when she started a new job.
Valerie asked the HSA trustee from her previous job to transfer the balance of $2,300 into the HSA at her new job.
In 2015, Valerie contributed $750 to her HSA.
In 2015, Valerie took funds from her HSA to pay the following expenses:Contact lenses (needed for medical reasons)—$380
Medication for a skin condition (prescription from a doctor)—$215
Dental visit—$500
Health club fees—$400
Valerie is a U.S. citizen, has a valid Social Security number, and is not eligible to be claimed as a dependent.
6. The amount of Valerie's HSA contribution reported on Form 8889, line 2 is $750. True FalseExplanation / Answer
Answer:
The answer is false :
Valerie can claim the expenses but only for the following expenses which pertains to health issue s;
It is clearly given in the act that ant expenses incurred for health club facility cannot be claimed as HSA contribution and ask for re imburesemnt..
Contact lenses without any medical reason cannot be claimed but here she has a medical reason and also any ecxpenses which is not prescribed by doctor cannot be claimed as expenses
Therefore she has a valid medical prescription form doctor henceforth she is eleigible to claim $380+ $215 and also dentist fees included but valerie cannot claim health club facility fees.
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