Question

Interview Notes Please answer questions 6 - 7. Judy Young is 58 years old. Judy is...

Interview Notes

Please answer questions 6 - 7.

  • Judy Young is 58 years old.
  • Judy is single, is not disabled, and has no dependents.
  • In 2018, she had earnings from her job of $24,300.
  • Judy has participated in her employer's self-only HDHP coverage since June 1, 2018 when she started a new job.
  • Judy was an eligible individual all year.
  • Judy asked the HSA trustee from her previous job to rollover the balance of $2,000 into the HSA at her new job.
  • In 2018, Judy contributed $975 to her HSA.
  • In 2018, Judy took funds from her HSA to pay the following expenses:
    • Insulin $275
    • Doctor visit $185
    • Yoga classes $480
    • Prescription medicine $225
    • Premiums for COBRA coverage $1,425
  • Judy is a U.S. citizen and has a valid Social Security number.

6. The amount of Judy's HSA contribution reported on Form 8889, line 2 is $975. T/F

7. The amount of total distributions reported on Form 8889, line 14a is:
A. $685
B. $1,165
C. $2,110
D. $2,590
8. What is the amount reported on Form 8889, line 15?
A. $460
B. $685
C. $2,110
D. $2,590
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Answer #1

Interview Note

For the given data The answers are as follows:

6. Answer:  TRUE

7.  The amount of total distributions reported on Form 8889, line 14a is

A. $685

B. $1,165

C. $2,110

D. $2,590

Answer is D. $2,590

8.What is the amount reported on Form 8889, line 15?

A. $460

B. $685

C. $2,110

D. $2,590

Answer is C. $2,110

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