HSAs make it easy to save on your taxes:
At the end of each year, you will be sent a statement showing the amount you contributed to your HSA that year. You can deduct this amount provided it is less than or equal to the maximum allowable contribution
Much like an IRA, HSA deductions are "above-the-line" and thus can be taken even if you do not itemize.
If you are self-employed, in addition to deducting your HSA contributions, you may be able to deduct 100% of your health insurance premiums, provided that:
Note: Check with your accountant or tax advisor for the specific federal and state tax benefits that apply to you.