Business, 05.09.2020 02:01 avahrider1

Which of the following is a false statement about health savings accounts (HSAs)?a. HSAs are available to any taxpayer using a health plan purchased through the state or federal exchange under the Affordable Care Act. b. Distributions from HSAs which are not used to pay qualifying medical expenses are generally subject to a 20 percent penalty as well as income taxes. c. Taxpayers who contribute to an HSA must carry qualifying high-deductible health insurance. d. Taxpayers must contribute to the HSA by April 15 of the year following the tax year for which they want the deduction. e. Distributions from HSAs are not taxable when used to pay qualifying medical expenses.

Answers: 1

Show answers

Another question on Business

Business, 20.06.2019 18:04

Https: //.cthe government of semput (e.g. a fictitious country) plans the goods and services that semput produces, the quantity of goods produced, and the prices at which goods are sold. semput is a economy. market mixed command theocratic pluralm/94215585/international-business-ch-2-flash-cards/

Answers: 1

Answer

Business, 22.06.2019 20:00

If a hotel has 100 rooms, and each room takes 25 minutes to clean, how many housekeepers working 8-hour shifts does the hotel need at 50 percent occupancy?

Answers: 1

Answer

Business, 22.06.2019 20:20

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine

Answers: 1

Answer

Business, 22.06.2019 21:30

Providing a great shopping experience to customers is one of the important objectives of purple fashions inc., a clothing store. to achieve this objective, the company has a team of committed customer service professionals whose job is to ensure that customers get exactly what they want. this scenario illustrates that purple fashions is trying to achieve

Answers: 1

Answer

You know the right answer?

Which of the following is a false statement about health savings accounts (HSAs)?a. HSAs are availab...

Questions