Excess money in HSA 2024

Forum|Forum|11 months ago
April 7, 2025
1 reply
0 views

Im doing my daughter's returns for 2024. She worked for three companies in 2024 but only contributed to her HSA with two of them. Its her first contributions to an HSA and the total was $1250 single coverage only. As she is single and filing as such her maximum is $4150. her data automatically populated when I put in the EIN and now TT is telling me she is over the limit and must take a withdrawal. How do I get this fixed? Thank You

RobertB4444

Did your daughter have any other health care coverage? In order to qualify for an HSA deduction you must be enrolled in a High Deductible Health Plan. If you have your daughter covered under your insurance or if she has marketplace insurance then she does not qualify for an HSA deduction. Also, if she is a dependent on your return then she can't qualify for the deduction.

@Gandalf1971

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