Exam (elaborations)
Vita HSA Certificate questions with correct answer
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Leo Williams is single and 45 years old. Leo works as an IT manager and his Form W-2 shows wages of $47,250. Leo participated in his employer’s self-only coverage High Deductible Health Plan (HDHP) all year. Leo does not have any other health coverage. Leo has had an HSA for two years. Leo’s employer contributed $1,500 in 2017 to Leo’s HSA. In 2017, Leo’s Aunt contributed $2,000 to Leo’s HSA. Leo is a U.S. citizen and has a valid Social Security number. 1.Is Leo an eligible individual for HSA purposes even though he did not make his own contributions? ANSWER-Yes
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vita hsa certificate qa
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