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HSA Information
 

State Tax Information

Health Savings Accounts (HSAs) were created by the Federal Government. States can choose to follow the federal tax treatment guidelines or establish their own guidelines.

Please see the charts below for the tax treatment of your state.
Note: HSA Bank is not administering tax advice and cannot be held liable for the information provided below. The accuracy of the information is based on information provided by each state tax resource. Please visit your state tax resource or consult a qualified tax advisor for more information.

We highly recommend you consult with your tax professional to determine whether your state taxes contributions, earnings, or distributions associated with your HSA.

The following states follow the tax treatment established by the federal government

Arizona

Arkansas

Colorado

Connecticut

Delaware

Georgia

Hawaii

Idaho

Illinois

Iowa

Indiana

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Missouri

Michigan

Minnesota

Mississippi

Montana

Nebraska

Nevada

New Mexico

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina

Utah

Vermont

Virginia

West Virginia

 

 

The following states are not subject to state income tax

Alaska

Florida

New Hampshire

South Dakota

Tennessee

Texas

Washington

Wyoming

The following states do not provide tax benefits for HSAs at the state level

Alabama

California

New Jersey

Wisconsin