Ideal Protein Diet - Using Health Savings Account (HSA)




itzroxy814
11-06-2013, 12:14 PM
My husband and I have a health savings account with a Mastercard debit card that we use to pay for prescriptions, medical bills, etc.

I had seen someone mention them being able to use their HSA to purchase Ideal Protein products. I went to our website and it specifically says that you cannot use the card to purchase food.

I had my husband call and check and they said that if the doctor wrote a note saying that this diet was medically necessary due to obesity, then to hold on to the receipt and if the IRS ever audited us, we would show them that. However, I am not sure if the guy fully knew he was talking about, given the website stating no food was covered.

Has anyone had success using their HSA without the IRS raising eyebrows over your purchases? Has anyone ever been told no after the fact and maybe been penalized or anything?


zoesmom
11-06-2013, 01:08 PM
IP can in fact be purchased with HSA or FHA funds. Unlike other diet plans, it is medically supervised, so therefore, it qualifies. But, CYA....get the note and hold onto it with the receipts.

zoesmom
11-06-2013, 01:13 PM
Here....trying to find a bit more detail for you, but THIS (http://mdstaturgentcare.com/55.html) is on a doctor's website


itzroxy814
11-06-2013, 01:19 PM
Here....trying to find a bit more detail for you, but THIS (http://mdstaturgentcare.com/55.html) is on a doctor's website



Great, thank you!

zoesmom
11-06-2013, 01:20 PM
HAH! FOUND IT! Per the IRS guidelines:

Weight-Loss Program
You can include in medical expenses amounts you pay to lose weight if it is a treatment for a specific disease diagnosed by a physician (such as obesity, hypertension, or heart disease). This includes fees you pay for membership in a weight reduction group as well as fees for attendance at periodic meetings. You cannot include membership dues in a gym, health club, or spa as medical expenses, but you can include separate fees charged there for weight loss activities.

You cannot include the cost of diet food or beverages in medical expenses because the diet food and beverages substitute for what is normally consumed to satisfy nutritional needs. You can include the cost of special food in medical expenses only if:

1.The food does not satisfy normal nutritional needs,

2.The food alleviates or treats an illness, and

3.The need for the food is substantiated by a physician.
The amount you can include in medical expenses is limited to the amount by which the cost of the special food exceeds the cost of a normal diet. See also Weight-Loss Program under What Expenses Are Not Includible, later.

SOURCE (http://www.irs.gov/publications/p502/ar02.html#en_US_2012_publink1000179034)

exesparz
11-06-2013, 01:46 PM
Awesome info. I was wondering the same thing.

itzroxy814
11-06-2013, 01:47 PM
HAH! FOUND IT! Per the IRS guidelines:

Weight-Loss Program
You can include in medical expenses amounts you pay to lose weight if it is a treatment for a specific disease diagnosed by a physician (such as obesity, hypertension, or heart disease). This includes fees you pay for membership in a weight reduction group as well as fees for attendance at periodic meetings. You cannot include membership dues in a gym, health club, or spa as medical expenses, but you can include separate fees charged there for weight loss activities.

You cannot include the cost of diet food or beverages in medical expenses because the diet food and beverages substitute for what is normally consumed to satisfy nutritional needs. You can include the cost of special food in medical expenses only if:

1.The food does not satisfy normal nutritional needs,

2.The food alleviates or treats an illness, and

3.The need for the food is substantiated by a physician.
The amount you can include in medical expenses is limited to the amount by which the cost of the special food exceeds the cost of a normal diet. See also Weight-Loss Program under What Expenses Are Not Includible, later.

SOURCE (http://www.irs.gov/publications/p502/ar02.html#en_US_2012_publink1000179034)

You are awesome, thank you!!!