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Compute the penalty on Lisa non-qualified distributions

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Reference no: EM132722536

Question - Lisa turned age 65 on May 29, 2019. During the year, she received distributions from her health savings account (HSA) totaling $1,227. She paid $618 on nutritional supplements and vitamins throughout the year. In March, she paid $112 to her podiatrist, and in July and August she paid $497 to her chiropractor. Compute the penalty on Lisa non-qualified distributions?

Reference no: EM132722536

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