Solved
My contribution to a family HSA = $6300, my wife contributed $1695 to her self HSA . Both were below their limits. Why does TurboTax state that we over contributed $245?
No text available
The combined contributions are subject to the family limit of $7,750. When both spouses are HSA-eligible and one spouse has family HDHP coverage, both spouses are treated as having family coverage.
You can treat the excess $245 contribution as being in either of the HSAs, so it doesn't matter from which you obtain the return of excess contribution by the due date of your 2023 tax return, including extensions. Just make sure to tell TurboTax which account the excess was returned from.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
