Question

Interview Notes Ed and Christine are married and will file a joint return. Ed is 47...

Interview Notes

  • Ed and Christine are married and will file a joint return.
  • Ed is 47 years old, and Christine is 56 years old.
  • Both were enrolled in self-only coverage High Deductible Health Plans (HDHPs) through their employers for the entire year of 2018.
  • Ed and Christine each have an HSA.
  • Both have contributed the maximum amounts to their HSAs in 2018.
  • Ed and Christine are both U.S. citizens and have valid Social Security numbers.

4. The amount that can be contributed to an HSA depends on the following:

A. Taxpayer's age and type of HDHP coverage

B. Date the taxpayer became eligible

C. Date taxpayer ceases to be eligible

D. All of the above

5. Ed and Christine are both eligible to make catch-up contributions to their individual HSAs.

True

False

0 0
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Answer #1

Question 4). Answer :- Option d). All of the above.

Question 5). Answer :- Option b). False.

Explanation :- Ed is not eligible to make catch-up contribution to HSA because his age is less than 55 years.

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