Obama: Social Security Checks Will Stop When Debt Ceiling Is Reached. WASHINGTON -- President Barack Obama said Thursday that while it's bad members of Congress have allowed a government shutdown, it would be worse if they failed to increase the government's borrowing authority later this month.
Respite Care. Respite Care is short term care, usually only a few days at a time, provided for children who have significant needs. These may include developmental delays, mental health or behavioral issues, and special health care needs. Respite Care provides a needed break to parents and care givers. Payment for Respite Care is considered taxable income.
If you do not use a distribution from your HSA for qualified medical expenses, you must pay tax on the distribution. Report the amount on Form 8889 and file it with your Form 1040 or Form 1040NR. You may have to pay an additional 20% tax on your taxable distribution.