Tom’s wife, Janet, has an HDHP through her employer; therefore, she is allowed to contribute to an HSA. Tom also has an HDHP through his employer and he contributes to his HSA. Tom has a family plan for him and his daughters. Janet has an individual plan. What is most likely the maximum amount that Tom and Janet can contribute to their HSAs in 2022?

Tom’s wife, Janet, has an HDHP through her employer; therefore, she is allowed to contribute to an HSA. Tom also has an HDHP through his employer and he contributes to his HSA. Tom has a family plan for him and his daughters. Janet has an individual plan. What is most likely the maximum amount that Tom and Janet can contribute to their HSAs in 2022?

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter5: Deductions For And From Agi

Section: Chapter Questions

Problem 2MCQ

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