FlyerTalk Forums - View Single Post - MS using credit card to pay for medical expenses, then using HSA funds to reimburse?
Old Jan 23, 2017 | 2:26 pm
  #3  
jmastron
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Join Date: Feb 2011
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With an HSA, you just reimburse yourself by writing a check or doing an online transfer. The bank doesn't generally get receipts or care about the reason for the payment. You don't have to do the reimbursements expense by expense; you can collect and do a bulk transfer at the end of the year (or many years later, to let the HSA grow)

At the end of the year, you'll get a form 1099-SA from the HSA bank indicating the amount that was distributed from the account. You then declare that on form 8899, along with a line indicating the amount used for qualified medical expenses, which is hopefully the same amount to make $0 taxable.

You will need the receipts if the IRS audits that qualified medical expense amount. It's a good idea to scan them in and keep a tracking spreadsheet, especially if you delay reimbursement for years.
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