Question

Why does it say that I have an excess contribution of $3,550 for 2020 when the IRS maximum contribution was $3,550

Forum|Forum|5 years ago
February 20, 2021
1 reply
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I was in a HDHP for all of 2020.

TurboTax Deluxe Online

Employee

Did you enter your contributions in the HDHP/HSA section? If your W-2 shows your contributions with a code W, you do not enter them again. Go back through the HSA interview and make sure you did not report them twice and also that you answered the questions about the high deductible health plan you are enrolled in. To review your entries, type hsa into the search bar and use the Jump to hsa link to return there.

And make sure your W-2 is not entered twice, as that would also cause the warning message to show.

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