ErnieS0
Expert Alumni

Get your taxes done using TurboTax

Yes you are correct about having to complete the questions about having a high-deductible medical plan @cj7353.

 

To be an eligible individual and qualify for an HSA contribution, you must meet the following requirements.

  • You are covered under a high deductible health plan (HDHP), described later, on the first day of the month.

  • You have no other health coverage except what is permitted under Other health coverage, later.

  • You aren’t enrolled in Medicare.

  • You can’t be claimed as a dependent on someone else’s 2021 tax return.

If you do not tell TurboTax that you met the qualifications, TurboTax will assume you were not qualified and add your pre-tax deductions back into income.

 

Learn more at Publication 969 (2021), Health Savings Accounts and Other Tax-Favored Health Plans

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