Question william bell is single and 33 years oldwilliam, Ask an Expert

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Question: William Bell is single and 33 years old.

William works as a sales manager and his Form W-2 shows wages of $37,500.

William participated in his employer's self-only coverage High Deductible Health Plan (HDHP) all year.

William does not have any other health coverage.

William has had an HSA for two years.

William's employer contributed $1,300 in 2015 to William's HSA.

In 2015, William's mother contributed $1,000 to William's HSA.

William is a U.S. citizen and has a valid Social Security number.

What amount will William use to compute his HSA deduction on Form 1040, line 25?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M93073724

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