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IRS correction from 2013..

Posted on 12/8/15 at 9:59 am
Posted by Dan Bilzerian
..on my yacht or jet.
Member since Dec 2014
1864 posts
Posted on 12/8/15 at 9:59 am
Received a nice letter recently from the IRS on a correction for 2013. It appears that it deals entirely with my HSA. The HSA bank issued a 1099-SA saying a gross distribution of over $6,000 occurred.

The payments were for qualified expenses. Does the IRS assume it was all for un-qualified expenses and I now have to prove that the HSA was used for qualified expenses?

I have the monthly statements from the HSA and details of the payments out to the various providers. Is that enough?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40200 posts
Posted on 12/8/15 at 3:04 pm to
You needed to file Part II of Form 8889

LINK

Show amount of distributions, amount of medical expenses, and done.

What does the letter say to do? Maybe you can fill out the form and send it back with a letter of explanation.
Posted by Dan Bilzerian
..on my yacht or jet.
Member since Dec 2014
1864 posts
Posted on 12/10/15 at 8:40 am to
quote:

What does the letter say to do? Maybe you can fill out the form and send it back with a letter of explanation.


It does say I can do that.

What happened is the CPA forgot to put the info from the 1099-SA into my taxes, and then check the box that it was all for eligible medical expenses.

fricking IRS assumes I withdrew $6500 for hookers and blow.
Posted by Blue Horseshoe
Member since Dec 2014
57 posts
Posted on 12/10/15 at 9:00 am to
quote:

fricking IRS assumes I withdrew $6500 for hookers and blow.


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