I was unemployed the first half of 2012 and had significant medical expenses during that time. I also paid for my COBRA premiums plus premium on a Long Term Care policy. In June I became re-employed and enrolled in my new company's HSA. I used my HSA to pay for some expenses in the last half of the year. My total out-of-pocket medical expenses exceed 7.5% of my AGI. Even though I had an HSA, can I still deduct those expenses on Schedule A which exceed 7.5% of my AGI? If so, do I exclude those medical expenses where I used my HSA to pay for them? It seems like I should or I would be double-dipping since I already get a deduction for my HSA contributions.
Been having trouble finding relevant information on this sort of situation.
Thanks!!!
Been having trouble finding relevant information on this sort of situation.
Thanks!!!