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February 2, 2024
Question

HSA Contributions$1,500

  • February 2, 2024
  • 1 reply
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My wife and I both contribute HSA's. My wife overpaid in 2023 by $1,500 (max for 2023 was $3,850, she paid $5,350) and I overpaid by $200 (max for me was $3,850 PLUS $1,000 because I'm over 55). Based on this, we collectively overpaid by $1,700 but TurboTax is insisting that we overpaid by $1,900 even though the software is confirming based on our W2's that my wife contributed $5,350 and I contributed $5,050. Am I missing something?

    1 reply

    Employee
    February 2, 2024

    Did you somehow indicate that you had a $200 excess carried in from 2022?

     

    Examine the Forms 8889 and 5329 to see the calculations.