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If i paid for my long term care premium through my hsa is the premium then not deductible?

Forum|Forum|7 years ago
June 1, 2019
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In 2016 I paid for my LTC premium trough my HSA. Since I used my HSA am I correct that I cannot deduct the premium separately?

Best answer by HelenaC

No, you cannot get reimbursed from your Health Savings Account (HSA) and claim the long-term care insurance premiums on your Schedule A, Itemized Deductions. That would be double dipping.

For additional information click on: Can I deduct medical costs paid through my HSA or MSA?

Related information:

H

HelenaCAnswer

Employee

No, you cannot get reimbursed from your Health Savings Account (HSA) and claim the long-term care insurance premiums on your Schedule A, Itemized Deductions. That would be double dipping.

For additional information click on: Can I deduct medical costs paid through my HSA or MSA?

Related information:

S

sternhopper

What if the LTC premium exceeds the allowable reimbursement amount from your HSA? Can you claim the remaining premium as a medical expense on your taxes?