Skip to main content
June 3, 2019
Solved

It wants me to upgrade to deluxe just because of my hsa. i only have $60 in it and i didnt use any of it.

  • June 3, 2019
  • 1 reply
  • 0 views
No text available
Best answer by BillM223
The IRS requires you to file form 8889 (for the Health Savings Account) if you:
  • made a contribution in 2016,
  • took a distribution in 2016, or
  • inherited the HSA during 2016

You may not have made any distributions (made payments for qualified medical expenses), but if your HSA received any contributions (often an amount on your W-2 in box 12 with a code of "W"), then you still have to file form 8889.

It's really in your best interests to do so, because until you submit a complete form 8889 (which TurboTax will complete based on your answers in the HSA interview), the IRS assumes that all contributions to and distributions from your HSA are taxable, and they will send you a letter to that effect asking for the completed form or the tax.

Because form 8889 requires form 1040, form 8889 is part of TurboTax Deluxe and higher versions.

1 reply

BillM223Answer
June 3, 2019
The IRS requires you to file form 8889 (for the Health Savings Account) if you:
  • made a contribution in 2016,
  • took a distribution in 2016, or
  • inherited the HSA during 2016

You may not have made any distributions (made payments for qualified medical expenses), but if your HSA received any contributions (often an amount on your W-2 in box 12 with a code of "W"), then you still have to file form 8889.

It's really in your best interests to do so, because until you submit a complete form 8889 (which TurboTax will complete based on your answers in the HSA interview), the IRS assumes that all contributions to and distributions from your HSA are taxable, and they will send you a letter to that effect asking for the completed form or the tax.

Because form 8889 requires form 1040, form 8889 is part of TurboTax Deluxe and higher versions.

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