Health Saving Account

[jrollo]

Taxpayer is covered by a High Deductible Health Plan through his employer. He has started an HSA family account that includes himself and his spouse, and both are over age 55. The husband will start Medicare coverage in November.

First, can we take the deduction for the family plan that they are covered under for the months of January through October? Next, can the wife be on a self-only plan for the remaining 2 months of the year? She is only covered by her husband's health insurance plan.

All the funds going into the account are from the taxpayer, and are post-tax dollars.

Did the work sheet in Pub. 969.

The amounts calculated are listed below.

Family plan limitation $5,958.33

Self-plan spouse 675.00

Total limitation 6633.33

Would appreciate any help one may have on HSA.

Thank you,

Jeff