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Evan participates in an HSA carrying family coverage for himself, his spouse, and two children....

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Accounting

Evan participates in an HSA carrying family coverage for himself, his spouse, and two children. In 2022, Evan has $200 per month deducted from his paycheck and contributed to the HSA. In addition, Evan makes a one-time contribution of $2,000 on April 15, 2023 when he files his tax return. Evan also receives a 2022 Form 1099-SA that reports distributions to Evan of $3,200 which Evan used for medical expenses.

Compute the effect of the HSA transactions on Evan's adjusted gross income. These transactions (increase or decrease) Evan's AGI by $ ____

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