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Personal Finance (Not Investing) • Do you ever have to show HSA receipts?

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I have saved up a bunch of HSA receipts to submit for reimbursement (I used to use the visa card from them, but now pay cash and then only withdraw the money when I want/need to). My HSA provider (Optum) only says the receipts are optional - which surprises me as my previous FSA was a super stickler about what I sent them. It seems to be on the honor system - which blows my mind. I am guessing if audited the IRS would want receipts to show they are legit expenses? I have just stapled a copy of the check I received to the actual receipts and filed away with my tax return.

I assume I keep them as long as I keep all my tax records? (I know opinion on this varies, but IRS recommends 3 years or up to 7 in case of substantial errors) - FWIW- I think I have 20 years wort in a box like most people on this board.

Statistics: Posted by dred pirate — Tue Jan 30, 2024 5:50 pm — Replies 8 — Views 1018



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