Comments on: HSA – Qualified Medical Expenses? http://www.healthcare-blog.com/2007/hsa-qualified-medical-expenses/ Consumer Directed Healthcare News, Health Advice, and Industry Opinions Wed, 07 Jul 2010 22:42:31 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: JGrimes http://www.healthcare-blog.com/2007/hsa-qualified-medical-expenses/comment-page-1/#comment-6473 JGrimes Tue, 28 Aug 2007 22:28:23 +0000 http://www.healthcare-blog.com/2007/hsa-qualified-medical-expenses/#comment-6473 <p>Any amount of the distribution not used exclusively to pay for qualified medical expenses of the account holder, spouse, or dependents is includable in gross income of the account holder and is subject to an additional 10% tax.</p> <p>If the withdrawal was indeed a mistake, you can return the money to the HSA if there is clear and convincing evidence. You must repay this money before April 15th of the year following when you knew or should have known that the withdrawal was a mistake.</p> Any amount of the distribution not used exclusively to pay for qualified medical expenses of the account holder, spouse, or dependents is includable in gross income of the account holder and is subject to an additional 10% tax.

If the withdrawal was indeed a mistake, you can return the money to the HSA if there is clear and convincing evidence. You must repay this money before April 15th of the year following when you knew or should have known that the withdrawal was a mistake.

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