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Journal of Accountancy · Recently

IRS clarifies health savings account changes in H.R. 1 in new notice

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 IRS clarifies health savings account changes in H.R. 1 in new notice. Worth reviewing for potential client impact.

Summary

Among other changes, the guidance explains that bronze and catastrophic plans are considered HSA-compatible under Sec. 223.

Classification

Category: fyiPriority: importantReason: Contains 'irs clarifies' - significant update

Affected Groups

All tax practitioners

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

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