The IRS modified the annual limit on deducting contributions to Health Savings Accounts (HSAs). A lower limit for individuals with family coverage under a high deductible health plan (HDHP) for calendar year 2018 was announced in Rev. Proc. 2018-18. However, $6,900 is the 2018 limit on the deduction for an individual with family coverage under […]
The post 2018 Inflation Adjusted Limit for HDHP Family Coverage Deduction Changed Back to $6,900 (IR-2018-107; Rev. Proc. 2018-27) appeared first on Tax & Accounting Blog.