If you have an HSA account, you know you can contribute a certain amount each year to your account to pay for out of pocket medical expenses not covered by your high deductible health plan. The IRS has just released the amount allowed in 2015 that can be deposited and deducted for tax purposes – see this article in AccountingToday by Michael Cohn for more details:

http://www.accountingtoday.com/news/irs-releases-hsa-deduction-limitations-for-2015-70387-1.html

The amount increases each year by an amount based on the consumer price index. As long as all the contribution is used for allowable medical expenses it is all before tax and deducted on page one of the tax return, which guarantees the deduction without limitation.

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