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R12.15 Health Savings Account (HSA) Account Closure Form UMB Health Savings Account Number (17digit number found on your HSA statement) 7 2 5 7 5 2 7 As owner of the Health Savings Account identified

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What is health savings account hsa?

A health savings account (HSA) is a tax-advantaged account that individuals can use to save for qualified medical expenses.

Who is required to file health savings account hsa?

Individuals who have an HSA are required to file a Form 8889 with their tax return each year.

How to fill out health savings account hsa?

To fill out an HSA, individuals need to report contributions, distributions, and account activity on Form 8889.

What is the purpose of health savings account hsa?

The purpose of an HSA is to help individuals save money for medical expenses and reduce their taxable income.

What information must be reported on health savings account hsa?

Information such as contributions, distributions, account activity, and any excess contributions must be reported on an HSA form.

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