Tax guide

Can I use my Health Savings Account (HSA) to buy over-the-counter drugs?

Table of Contents

Coronavirus FAQ

You got this—all you have to do is start!

We make filing taxes delightfully simple with our flat–rate price. Every feature included for everyone.

Start filing

Yes – after the Coronavirus pandemic hit the U.S., Health Savings Account (HSA) qualifications expanded to include over-the-counter (OTC) drugs and supplies, even including such items as lip balm, hot and cold packs, and athletic braces.

The CARES Act, which brought relief to Americans in the form of stimulus checks and improved unemployment insurance, also made these OTC drugs and supplies eligible for purchase with HSA and FSA funds.

HSA and FSA funds have tax benefits that make medical supplies more affordable in the long run.

For a full list of HSA qualified items, see HSA Store’s eligibility list.

It’s not too good to be true. See what others are saying about filing taxes online with 1040.com