Archive for March, 2007

Question about Health Savings Account Taxes?

Sunday, March 4th, 2007

itdaytrader asked: Here’s the deal. I took out money from my HSA when I left my employer. The only real quidance I can find out what Qualifies as a medical expense is “that your purchase provides relief from physical or mental problems/symptoms.”
I purchased a new couch and memory foam bed in 2006. They [...]

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How to minimize federal tax owed?

Thursday, March 1st, 2007

Peter W asked: I am trying to figure out how to minimize the amount of federal tax I have to pay and am wondering if I am missing any ways to reduce my adjusted gross income. I live in California and make about $50,000 per year. I am not a student. I have a 401k [...]

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