BillM223
Expert Alumni

Deductions & credits

What you did is this:

 

1. Your employer contributed $5,800 (rounded up). This is code W in box 12 on your W-2.

 

2. Then you entered this same amount as a personal contribution on the "Let's enter [name]' HSA contributions" on the second line, where it tells you not to enter anything contributed through your employer.

 

3. This makes an apparent total of $11,600 in contributions.

 

4. You are evidently 55 or over, so your actual HSA contribution limit is $8,000 for Family coverage.

 

5. $11,600 minus $8,000 is $3,600, which is the amount that TurboTax reported as the excess.

 

Please go back to the "Let's enter [name]'s HSA contributions" screen and enter 0 (zero) on the second line, where it says "personal" contributions - this is ONLY for amounts you sent direct to the HSA custodian, not through your employer.

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