Deductions & credits

Form 8889 is required if you have contributions (including via payroll deduction) or distributions (withdrawals) from an HSA.  If you don't report the activity correctly, you will get a tax assessment from the IRS.  Since the program has a draft version of the form, it probably won't change your tax when the form is finalized.

 

The IRS does not open e-filing until February 12, and any returns filed early will go into storage in turbotax's data warehouse, so there is no point in rushing to be early this year.