Apologies, this is a pretty basic question but I was hoping to get some advice before I use my HSA funds:
I am getting a couple cavities filled later this week and was planning on using my HSA debit card to pay for them. I know that the cavities are a qualifying medical expense and that I should keep the receipt from my dental visit- but how do I report to the IRS that I used this money and that it should not be taxed? I'd imagine that I need to send the receipt but there's no way that the government is collecting every receipt from every HSA purchase.
Logically, I think that I'd just report the purchase on my 2019 tax filing and retain the receipt forever in case the government ever audits me.
Is there anything else I need to do/know before using these funds?
Thanks for the help!
Submitted July 09, 2018 at 09:57AM by thawowtso https://ift.tt/2MZhGIY