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New Member
posted Mar 7, 2025 1:17:25 PM

hello. I opened my first FHSA last year and contributed the max amount of 8000$ but i dont understand why i cant deduct from my taxes this year

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1 Replies
Moderator
Mar 9, 2025 10:30:42 AM

Are you owing any taxes? The whole amount of  $8000 will not get deducted from your Tax Owings.

For more information refer to Tax deductions for FHSA contributions

 

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