@odyssey2000
Your form 8889:
Line 2. 3645
Line 3. 3229
Line 4. 0
Line 5. 3229
Line 6. 3229
Line 7. 416
Line 8. 3645
Line 11. 0
Line 12. 3645
Line 13. 3645. This is your deduction. (Assuming no employer contributions. If there were, you can figure it out but it comes out the same.)
Your wife's form 8889.
Line 2. lets use @dmertz 's number of $3246.
Line 3. For the line 3 limitation, we use this rule:
If you were, or were considered, an eligible individual for the entire year and you changed your type of coverage during the year, enter on line 3 (see (6) in this list) the greater of:
-
The limitation shown on the last line of the Line 3 Limitation Chart and Worksheet (in these instructions), or
-
The maximum amount that can be contributed based on the type of HDHP coverage you had on the first day of the last month of your tax year.
The amount for a. is $5475, the amount for b. is $3850. So line 3 is $5475.
Line 4: 0
Line 5: $5475
Line 6: Here we use the special line 6 instructions
| Refigure the contribution limit that would have been entered on line 5 if you had entered on line 3 the total of the worksheet amounts only for the months you were treated as having family coverage |
This is $7750 x 5 ÷ 12, her maximum for the months she was covered by family coverage. $3229 |
Divide the refigured contribution limit from Step 1 equally between you and your spouse, unless you both agree on a different allocation (such as allocating nothing to one spouse).
|
Husband has already taken $3229 |
Subtract the part of the contribution limit allocated to your spouse in Step 2 from the amount determined in Step 1.
|
Spouse takes zero |
Determine any other contribution limits that apply for the tax year and add that amount to the result in Step 3. Enter the total on line 6.
|
Spouse has single coverage for 7 months, $3850x7 months÷12=2246. 2246+0=2246 |
Line 6 =$2246.
Line 7=$1000
Line 8=$3246.
Assume lines 9 and 10 are zero
Line 11: zero
Line 12: $3246 (from line 2)
Your wife's limit is $3246.
