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| "triply-redundant" <3r[at]noEmail.nul> wrote in message news:Xns9A538BAAE37A2PJJGFZPLI3r[at]216.196.97.136... - quote - > How should the following situation reported on forms 8889?
I thought the instructions for the form addressed this? See Page 2.> TP & spouse had an HDHP and a family HSA account for all of 2007. Both are > over 55 and they file a joint return. No employer is involved. > Contribution to the family HSA account was $6,450 for 2007. > In January 2008, spouse opens a self-only HSA account and contributes $800 > in it as the over-55 additional contribution for 2007. > So the 2007 contributions for the couple total $7,250, all of which should > be deductible. Presumably, a second form 8889 is needed for spouse's HSA > account. But what should go in Part I? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| How should the following situation reported on forms 8889? TP & spouse had an HDHP and a family HSA account for all of 2007. Both are over 55 and they file a joint return. No employer is involved. Contribution to the family HSA account was $6,450 for 2007. In January 2008, spouse opens a self-only HSA account and contributes $800 in it as the over-55 additional contribution for 2007. So the 2007 contributions for the couple total $7,250, all of which should be deductible. Presumably, a second form 8889 is needed for spouse's HSA account. But what should go in Part I? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| Tags |
| 2007, 2008, 8889, contributing, form, hsa, spouse |
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