Two IRS publications have been updated for use in 2019 that may be of interest to employers. Both of these publications are supplements to IRS Publication 15, Employer's Tax Guide, and are intended to provide a more detailed description of employment related tax matters.
In addition, the IRS released the 2018 version of the Form 8889 applicable to health savings accounts (HSAs). This form is generally used by HSA accountholders for purposes of reporting HSA contributions, computing an individual’s deduction and reporting distributions. Of particular note, the instructions include several illustrative examples for computing contributions and deductions, especially when employer contributions are made to an individual’s HSA.
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