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Will health insurance/ health savings acct buy optics?
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<blockquote data-quote="cohunt" data-source="post: 2619979" data-attributes="member: 94491"><p>Some hsa/fsa "credit" cards will decline the transaction if it's not an approved item.</p><p></p><p>I doubt binos or a scope would be on the "approved" list of approved health expenses.</p><p></p><p>BUT -- I would worry more about explaining it to the irs agent if you were to get called up for an audit--- theoretically you have to keep all your receipts for health transactions for 3+ years agter filing a yax return --- and my tax man recommends 7- 10 years - but there are even certain circumstances where they could go back indefinitely.</p><p></p><p></p><p>You may be able to write it off as a work related tax deduction -- talk to your accountant about that one. There are some "gray" areas when it comes to interpretation of tax laws.</p></blockquote><p></p>
[QUOTE="cohunt, post: 2619979, member: 94491"] Some hsa/fsa "credit" cards will decline the transaction if it's not an approved item. I doubt binos or a scope would be on the "approved" list of approved health expenses. BUT -- I would worry more about explaining it to the irs agent if you were to get called up for an audit--- theoretically you have to keep all your receipts for health transactions for 3+ years agter filing a yax return --- and my tax man recommends 7- 10 years - but there are even certain circumstances where they could go back indefinitely. You may be able to write it off as a work related tax deduction -- talk to your accountant about that one. There are some "gray" areas when it comes to interpretation of tax laws. [/QUOTE]
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Will health insurance/ health savings acct buy optics?
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