BillM223
Expert Alumni

Get your taxes done using TurboTax

OK, the $488 was chosen because it was the amount contributed to your spouse's HSA. That is, $814 is the total amount of excess contributions which can be allocated between you two in any way you like - except that the maximum your spouse can "accept" is $488, the size of the contribution to your spouse's HSA. Or you can take the whole excess upon your self.

 

Basically, TurboTax wants to be able to report from whose HSA the excess was/will be withdrawn. If you took it all out from your HSA, then ignore the question about the $488 because you didn't take anything out of your spouse's HSA anyway (you didn't did you?).

 

OK, please note that there are two 8889 forms on your return - the 8889-T for the primary taxpayer and the 8889-S for the spouse. Based on your answers, TurboTax will move numbers around to balance the allocations.

 

The $814 should appear on your 8889's line 14b, not your spouse's, if you told TurboTax that the excess was withdrawn from your HSA. Please check that.

 

Otherwise, if you find the $814 on one 8889 and not on the other, things are good.

 

But please, in the future, do not call up your HSA custodian to ask to withdraw excess contributions until TurboTax tells you to - it's too easy to think that the excess was a different amount than the one that TurboTax actually calculates, and then we (you) have a mess. OK?

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