HSA limits

Forum|Forum|7 years ago
November 19, 2018
3 replies
0 views

The software has the wrong HSA contribution limit for 2018. It should be $7,900 for a family if I am over 55, but the software says I am over-contributed by $150.

Deductions

R

RSLEONARD820

Employee

Yes, your note is correct, and I'm wondering when the software will be corrected, or if Intuit is available of this error. They are a year behind!!

G

GabiU

Community Manager

Thank you for the heads up!
We've submitted this to the product department to review.

The product will be going through many changes as the IRS continues to release forms. Stay updated with this FAQ here: IRS Forms Availability.

**Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Mark as Best Answer"

A

Anonymous

I posted the original question concerning the correct amounts for the HSA contribution for 55+. Today is 12/17/2018 and the software has not yet been corrected, FYI.

T

thouck10

Similar issue is popping up for new 2019 $3500 limit for single

Critter

Employee

EVERY year the program is opened up BEFORE it is fully operational ...much of the current beta version is still using 2018 forms & instructions ... MANY MANY updates will happen in the next 3 months to bring the program up to speed for 2019 returns ... so patience will be needed as always.

Critter

Employee

When will my forms be ready?

Historically, IRS tax forms start becoming available in January, with a few stragglers (most notably Form 1040X) getting finalized in February.

State tax forms can become available for filing any time between December and late February, depending on the state and the tax form.

For specific forms and dates, refer to the Forms Availability Table for your TurboTax product, see the related information below.

Can I Still Work On My Return Before My Forms are Ready?

Yes, according to the following:

Federal Taxes
You can still work on your return and finish most of it. Once your forms become available, we’ll create the forms and include all of your info.

You’ll only be able to e-file or print your return once the forms are available.

While you’re working on your return, we’ll ask if you want to receive email updates when your forms become available.

State Taxes
If your forms aren’t available, you’ll get a message asking you to return once they become available.

While you’re working on your return, you’ll have a chance to let us know you want to receive email updates when your forms become available.

Related Information:

IRS Forms Availability Table for TurboTax Individual (Personal) Tax Products

Click on the REVIEW tab and the program will tell you what in your return is still now ready and the estimated date it will be (subject to change of course ) ... you can put in for an email alert when they are ready ....