Skip to main content
April 25, 2021
Question

Is anyone else getting the overpayment of an HSA which is incorrect. My max is 4550.00 and it says i overpaid.

  • April 25, 2021
  • 1 reply
  • 0 views
Overage of $1000 in a HSA is inaccurate.

1 reply

April 26, 2021

We recommend revisiting the HSA entry screens to make sure the excess contribution wasn't due to an entry error. Here's how:

  1. With your return open, search for hsa inside your program and then select the Jump to link to open the HSA summary screen. On that screen, select Edit.
  2. Step through the interview until you reach Let's enter your HSA contributions.
  3. On that screen, make sure you didn't accidentally re-enter the amount already listed (from Box 12 of your W-2) as this will incorrectly double your total contribution amount.
  4. Continue through the HSA screens, making sure you answered all questions correctly. To be eligible to contribute to an HSA in 2020, you:
    • Must have been covered by a high-deductible health plan (HDHP);
    • Didn't have Medicare or other secondary health insurance policy; and
    • Weren't eligible to be claimed as a dependent on another return, no matter if you were claimed or not.
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"