I am doing my 2020 taxes a bit late since I usually receive a refund and thankfully I didn't need it right away.
I believe TurboTax 2020 (download - apparently I couldn't use Online - a bit odd considering it is still 2021) is calculating incorrectly that I have paid in an excess amount to my HSA of $6000 and I will have to pay 6% tax on the $6000.
Box 12c is W $7050, my box 1 is $99093. If I paid an excess of $6000 - what does that mean I was only allowed to contribute about $1050? I find that a bit hard to believe, especially since whenever we sign up for these things in Workday, it always tells us the maximum amount we can donate, if I recall correctly. Also, I am over 55.
Anyway, I Reply because it seems you know a bit about HSA contributions.
I hope you can help me because I don't see any way to report this to TurboTax, if indeed I am correct.
