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Deductions & credits
It turns out that I had put in $2250 into my HSA for 2020. I used the $ number that Turbotax calculated/recommended as the maximum allowable amount that I can add to my HSA in 2020 (part of the year on high deductible health plan and the rest on medicare). So I am not sure why Turbotax for 2021 taxes now wants me to take out the money from the HSA or I would owe a 6% tax.
‎February 24, 2022
9:10 AM