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South Carolina State Aid Compliance CertificationFunding Year___ Library System___County Libraries must comply with all rules and regulations governing state aid. Should the library system at any
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Section 75-1 of IRS Form 1040 is used to report the amount of health savings account deduction and assigned employer contributions.
Taxpayers who have health savings accounts and have made contributions or received contributions from their employer must file section 75-1.
To fill out section 75-1, taxpayers must enter the amounts of health savings account contributions and assigned employer contributions in the designated fields.
The purpose of section 75-1 is to allow taxpayers to deduct contributions made to their health savings accounts and report any contributions received from their employer.
Taxpayers must report the total contributions to their health savings account, including any contributions received from their employer, on section 75-1.
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