Deductions & credits

Thank you for continued feedback much appreciated: @Opus 17 & @BillM223 .

 

HSA contributions in 2023 was $850 and 2024 in $115 in so far, well below contribution max for time frame. So while contributions were ineligible for 6 months due to FSA they still did not exceed max limit.

 

For the HSA interview question when prompted looks like would still need to answer didn't have HDHP plan for full year and then make sure to mark for Jan-June as HDHP and July-Dec as Other. Turbo Tax prompted 8889-T to check boxes to confirm which months had what type of plan.


But sounds like based on feedback shouldnt have to get refund from HSA custodian, Turbo Tax software wont mention have excess contributions and shouldn't 6 months after filing incur 6% excise tax penalty or another penalty from IRS cause didnt report as “Other Income” correctly.

 

Ultimately trying to avoid penalty by filing return right the first time.