What proof to retain for HSAs

If you have a health savings account (HSA), it is up to you to retain proof that withdrawals from the account were for qualified medical expenses. Keep the following records along with the copy of your tax return:

• Receipts for prescription drugs and medicine
• Doctors’ notes for over-the-counter medication
• Receipts for medical equipment
• Proof of payment for permissible health insurance premiums
• Proof of payments to cover deductibles and copayments for your high-deductible health plan