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HSA contribution limit
Turbo Tax is telling me that, given my 10 months of participation in a HDHP (the last 2 months of the year I was on Medicare), my max contribution for 2021 is $3,833. My calculation is that the max contribution for 2021 is $3,500.
12 month contribution limit for 2021 is 3,200 + 1,000 catch up contribution. Divide $4,200/12 months = $350. $350 x 10 = annual limit of $3,500.
Which is correct?
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‎February 24, 2022
8:29 AM