I have an HSA account, but made a 200 dollar payment using credit card.can I reimburse myself from the HSa account and then make a $200 contribution back into the hsa.essentially want a tax (contd)

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Nope

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Yes you can reimburse yourself from your HSA but no you cannot then replenish it. There's an annual contribution limit...

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What Bain1 said. The point of the HSA is for you to contribute a limited amount and spend it on health care. You can pay directly from the account or reimburse yourself. In the end the money needs to come out of the HSA. So you cannot make any additional contributions just because you spent some of the money. Of course, if you haven't maxed your contributions, you can make an additional contribution of any amount up to the cap if you wish.

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Break on the $200

That my friend is tax fraud. Tax attorneys make millions finding narrow/targeted loopholes to do just that legally.

Thanks O1, makes sense. I haven't maxed it out yet

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