Georgia contributed $2,000 to a qualifying Health Savings Account in 2010.The entire amount qualifies as a medical expense and is potentially deductible as an itemized deduction.

Question

Quizplus · Accepted Answer

Contributions to a Health Savings Account (HSA) are not considered medical expenses; they are tax-deductible contributions, not itemized deductions for medical expenses.

Georgia Contributed $2,000 to a Qualifying Health Savings Account in 2010.The