Deductions & credits

We recommend revisiting the HSA entry screens to make sure the excess contribution wasn't due to an entry error.    

1. Open or continue your return.
2. Search for hsa and select Jump to hsa.
3. Answer the questions until you get to the Let's enter your HSA contributions screen.
4. Make sure you didn't accidentally re-enter the amount already listed (from box 12 of your W-2) as this will incorrectly double your total contribution amount.
5. Continue through the HSA screens, making sure you answered all questions correctly.
   • If you overfunded your HSA last year but withdrew the excess by the due date of your 2022 return, answer No to Did you overfund your HSA in 2022?

For 2023, the maximum combined total that you, your employer, and/or any other eligible person can contribute to your HSA account is:

• $3,850 if you're under 55 at the end of 2023 and are covered by an individual (self-only) HDHP;
• $7,750 if you're under 55 at the end of 2023 and are covered by a family HDHP;
• $4,850 if you're 55 or older at the end of 2023 and are covered by an individual (self-only) HDHP;
• $8,750 if you're 55 or older at the end of 2023 and are covered by a family HDHP.

If you overfunded or weren't eligible to contribute to your HSA in 2023, you'll need to withdraw the excess amount by April 15, 2024, to avoid a penalty (October 15 if you filed an extension).    Other considerations when showing excess HSA contributions.     @scotgret