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Which 2003 legislation allows tax deductions for amounts contributed to a health savings account?
Wiki User
∙ 12y ago
The U.S. Congress created Health Savings Accounts (HSA) in December 2003 as part of the Medicare Prescription Drug, Improvement and Modernization Act of 2003. Section 1201 of this Act describes Health Savings Accounts. The Tax Relief and Health Care Act of 2006 made significant changes to HSAs and you may find this information helpful.
Wiki User
∙ 12y ago
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Amounts subtracted form gross pay are called?
deductions.
What are after tax deductions?
Those are amounts taken out of your paycheck that do not reduce the amount of tax you have to pay on your salary.
What are the amounts of money coming into your account?
it is called credit(when its coming in your account ) and debit(when its going out of your account ).
What are the amounts of money coming into your account called?
it is called credit(when its coming in your account ) and debit(when its going out of your account ).
What contributed to Germany's growth as an industrial power under Bismark?
Ample amounts of coal and iron
Do you have to pay taxes on pensions?
Generally...yes, sometimes only on a part of it though. Again, generally, the amounts contributed and/or the amounts earned on the investments, were NOT taxed originally.
The amounts that increase the cash account are entered in?
debit
Which is sets minimally acceptable amounts of automobile liability insurance?
It varies according to the legislation of the country concerned.
Amounts entered on the right side of an account are called?
totals
Funding from politically active nonprofits whose donors and amounts contributed do not have to be made public is best known as?
dark money.
I made contributions to my 401k through my work. The contributions are listed in box 12. I am filling out my tax paypers and under the 'Deductions and Credits' section, it asks for contributions to Traditional and Roth IRA's. Can I re-enter box 12 amounts?
No you enter nothing or zero unless you actually contributed to a traditional or Roth IRA, the box 12 on the W2 handles the 401k, if you enter it here you will be duplicating it on your tax return.
What two major contributions to forensic science by Hans Gross?
hans gross contributed extreme amounts of hans and gross to forensics
