EPY: States That Do Not Follow Federal Rules Pertaining to the Taxability of Health Savings Accounts (Doc ID 644066.1)
Last updated on JULY 27, 2017
PeopleSoft Enterprise HRMS Payroll for North America - Version: 8 SP1 and later [Release: 8 and later ] Information in this document applies to any platform.
This document was previously published as Customer Connection Solution 200994778
Neither employee nor employer contributions to health savings accounts are included in taxable wages or subject to tax at the U.S. Federal level. However, some states do not follow IRS tax treatment of these contributions.
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