It's important that all of your transactions are categorized correctly in your HSA, as it can impact your tax forms, but we recognize that mistakes happen. Fortunately, recategorizing transactions is easy.
In your account:
Select the unqualified transaction listed under Transactions.
Select the correct transaction category from the panel: Qualified Medical Expense, Unqualified Expense, Correction, or Rollover.
Enter the rest of the required details and submit.
If tax forms have already been generated for the tax year, you may no longer be able to change the category of a transaction. Reach out to our support team for assistance.
Transaction types
Unsure which category to choose? Here is an explanation for each transaction type.
Qualified Medical Expense | HSA transaction made for a qualified medical expense. |
Unqualified Expense | HSA transaction made for a non-qualified expense. |
Correction | Funds withdrawn or deposited to compensate for a non-qualified expense or excess contribution. |
Rollover | HSA funds moved to another HSA account. |