Demystifying Form 8889 with Syed Professional Service
Tax season can be complex, especially if you’re utilizing a Health Savings Account (HSA). HSAs offer a triple tax advantage: contributions are tax-deductible, earnings grow tax-free, and qualified withdrawals for medical expenses are tax-exempt. However, reporting HSA activity on your tax return requires Form 8889, Health Savings Accounts. This informative guide by Syed Professional Service […]