BillM223
Expert Alumni

Deductions & credits

Yes, if you have a carryover of excess contributions for one year, you can "use up" that excess in the subsequent year by contributing less than the annual HSA contribution limit in the subsequent year, so that the excess is used up.

 

For example, if you have a carryover of $1,000 from 2022 to 2023, and the limit for 2023 is $3,850, then you can contribute up to $2,850 in 2023, and the other $1,000 will count as a "personal" contribution in 2023. This will stop the carryover.

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