Sec. 217. Allowing HSA rollover to child or parent of account holder
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/bill/115/s/222/is/section-217·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Paragraph (7)(A) of section 223(e) of the Internal Revenue Code of 1986, as redesignated by the preceding sections of this subtitle, is amended— by inserting , child, parent, or grandparent after surviving spouse , by inserting , child, parent, or grandparent, as the case may be, after the spouse , by inserting after , child, parent, or grandparent in the heading thereof, and spouse by adding at the end the following: In the case of a child who acquires such beneficiary’s interest and with respect to whom a deduction under section 151 is allowable to another taxpayer for a taxable year beginning in the calendar year in which such individual’s taxable year begins, such health savings account shall be treated as a health savings account of such child. .
The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.