Ace bandage
Ace bandages are eligible for HSA, FSA, and HRA as they are considered medical supplies used for the treatment of an injury or medical condition.
Eligibility Matrix
Eligibility status for all account types
| Account Type | Status |
|---|---|
| HSA | Eligible |
| FSA | Eligible |
| HRA | Eligible |
Quick Reference
The IRS considers amounts paid for medical supplies, such as bandages, to be qualified medical expenses if they are used for the diagnosis, cure, mitigation, treatment, or prevention of disease, or for the purpose of affecting any structure or function of the body. Ace bandages fall under this category as they are used to support injuries or aid in recovery.
When It Qualifies
- •Must be used for medical care, such as treating an injury or supporting a body part due to a medical condition.
When It Doesn't
- •Not eligible if used purely for cosmetic purposes or general wellness without a specific medical need.
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Important Notice
- •Your specific plan may have different rules
- •Keep all receipts and documentation
- •This is informational only, not tax or legal advice
While generally eligible, it's always best to confirm with your specific plan administrator as individual plan rules can vary. Always retain your receipts for tax and substantiation purposes. This information is for educational purposes only and not tax or legal advice.