health savings account

[Alex Aycinena]

suk wah bernstein,

> ---------- Forwarded message ----------
> From: suk wah bernstein <sukwahbernstein at gmail.com>
> To: gnucash-user mailing list <gnucash-user at gnucash.org>
> Date: Tue, 25 Oct 2011 10:02:23 -0700
> Subject: health savings account
> want to double check with you folks. i set up a health savings account.
> expense, right? link it to checking account for transfers. tax-relaxed box
> is greyed out. i go into edit, tax report options and choose it to be
> related to joint returns. does this mean come tax time some reminder will
> appear? or do i have to remember to hit some sort of report button?

Others have responded regarding what is an asset versus an expense.

As to the tax report related questions, are you in the US? If not,
then the tax report features are not intended to apply to you
(although you can, of course, go ahead and use them if you find them
helpful). If you use the tax reporting features, you will not get some
kind of reminder. You will simply be able to run the report and use it
to prepare you US Income Tax return, assuming you set the accounts up
properly and entered all the year's data properly and completely.
There is a section in the documentation that talks about that.

>
> all in all does this look the right flow of things in terms of setting
> account up properly? anything i have missed out?  or to be aware of ? thanks
> so much.
>
> respect
> suk wah
>