Turbo tax is dumb. Turbo tax 8889-t smart worksheet line 3 doesn't have option to even select if person(single) is covered under parent's coverage or not. How silly?
IRS should/must allow HSA in the student's transition year if HSA contribution is after the 1st graduation year when Parents still claim child as dependent in that year at least 5 months or so. However, I am not sure but there could be more complexity in calculation.
Simple rule of thumb should be - in transition year and towards 1st 4 year graduate degree, IRS should allow HSA contribution. What is the problem for newbies/fresh graduates to start the career with good savings????
