Beef Ravioli Part 2
Footballguy
Not sure if anyone can help me with this or not. I’ve googled and not found any answers that I think are clear. Same for my HSA response to my question.
I would like to buy an elliptical to help with weight loss and better overall health. Doctor has been on me for two years as I have severe sleep apnea.
Was hoping to use my HSA which is funded very well. Found out that exercise equipment is not recognized by the IRS to be purchased with an HSA but then I saw a doctors letter could make it possible.
I contacted my doctor and got a letter right away recommending this purchase.
I presented the letter to my HSA and they told me I am to hold on to the letter and have it available if I purchase something and the IRS audits me, I use that letter to defend my purchase.
Anyone ever go down this or similar pathway with HSA and IRS? If they were to reject the purchase and the letter, I would have to pay taxes on what I withdrew and a 20% fine so I would like to know what my possibilities are before making a purchase.
Thanks in advance!
I would like to buy an elliptical to help with weight loss and better overall health. Doctor has been on me for two years as I have severe sleep apnea.
Was hoping to use my HSA which is funded very well. Found out that exercise equipment is not recognized by the IRS to be purchased with an HSA but then I saw a doctors letter could make it possible.
I contacted my doctor and got a letter right away recommending this purchase.
I presented the letter to my HSA and they told me I am to hold on to the letter and have it available if I purchase something and the IRS audits me, I use that letter to defend my purchase.
Anyone ever go down this or similar pathway with HSA and IRS? If they were to reject the purchase and the letter, I would have to pay taxes on what I withdrew and a 20% fine so I would like to know what my possibilities are before making a purchase.
Thanks in advance!