Enter $0 (subtract line 15 from 14a. Because all funds were used on qualified expenses, no tax is owed). IRS Form 8889 walkthrough (Health Savings Accounts)
IRS Form 8889 is used to report Health Savings Account (HSA) contributions, calculate your deduction, and report any distributions. Form 8889 Examples Filled Out - Syair SDY
Enter $1,500 (the amount contributed by your employer). Enter $0 (subtract line 15 from 14a
Enter $1,000 (the amount used for qualified medical expenses). calculate your deduction
Enter $1,000 (the total distribution received from the HSA).
Calculate your final HSA deduction to be carried over to your Form 1040. Part II: HSA Distributions