2014 Health Savings Accounts (HSA) Exam – Scenario 3: Valerie Spring Interview Notes Valerie Spring

2014 Health Savings Accounts (HSA) Exam – Scenario 3: Valerie Spring

Interview Notes

Valerie Spring is 63 years old.
Valerie is single, is not disabled, and has no dependents.
In 2014, she had earnings from her job of $19,000.
Valerie has participated in her employer’s self-only HDHP coverage since June 1, 2014 when she started a new job.
Valerie asked the HSA trustee from her previous job to transfer her total balance of $2,300 into the HSA at her new job.
In 2014, Valerie contributed $600 to her HSA.
In 2014, Valerie took funds from her HSA to pay the following expenses:

Eyeglasses (needed for medical reasons)Ac€??$400
Medication for a skin condition (prescription from a doctor)Ac€??$215
Dental checkupAc€??$300
Health club feesAc€??$365

Valerie is a U.S. citizen, has a valid social security number, and is not eligible to be claimed as a dependent.

6. The amount of Valerie’s HSA contribution reported on Form 8889, line 2 is $600.

True / False

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