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Old 06-27-2020, 04:51 PM   #21
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They asked questions in their letter, I answered. It was 10ish years ago. I don't recall if they asked or I volunteered the condition. I do remember saying something like "200? was an exciting year for me. I had 2x unsuccessful XYZ procedures, and most of these receipts originate from that."
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Old 06-27-2020, 06:18 PM   #22
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I too have a spreadsheet. The last column of my spreadsheet is to indicate when I reimbursed myself for the expense. I also scan all of my receipts and shred the originals. Each expense is assigned a tracking number like 2020-001 and this becomes the file name of the scanned document. I keep backup copies of my hard drive in multiple locations.

If the IRS ever asks, a printed copy of the scan will be fine. Sometimes cc receipts fade over time.
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Old 06-27-2020, 07:00 PM   #23
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I've had an hsa for more than a decade. One year I took itemized medical care deductions... so those expenses our outside the hsa now. I have not used any hsa $ yet. It will likely be a few decades before I use those hsa $ are used. I've got paper copies of receipts and a spreadsheet with all the electronic copies.


I will have to let my kids know where all the records are hiding.
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Old 06-28-2020, 11:30 AM   #24
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Give me a forum ...
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Quote:
Originally Posted by kaneohe View Post
If you like to worry, don't forget that you will need all your relevant tax returns to show that you never took a medical deduction , or if you did that you never used any of those receipts either for the 7.5% floor or for the rest of the medical deduction previously.

If you are one of those HSA "hoarders" that save up receipts for decades, this means all your tax returns for those years.
ha ha ha ha...

I must be a hoarder as I keep my tax returns for a decade or possibly even longer...
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Old 06-28-2020, 04:49 PM   #25
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i also had an HSA for many years, first time i withdrew was a couple years ago , over 20K, and nothing from IRS.
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Old 06-28-2020, 10:57 PM   #26
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i also had an HSA for many years, first time i withdrew was a couple years ago , over 20K, and nothing from IRS.
It is longer than 2 years before you are past an audit, and even longer if fraud.
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