I am entering my tax information on the desktop (windows) version of Turbotax deluxe, and the software is updated as of today.
I am entering my HSA information. When I get to the "Let's enter ____'s HSA contributions" section, it automatically shows $4000 in the "2023 employer and payroll contributions" which came from my W-2 and cannot be edited. The "Any contributions you personally made" box is left blank.
I show no other contributions, did not have medicare, and was covered by a family plan (HDHP) every month of the year. I did not overfund my HSA, but Turbotax then tells me that I have an excess contribution of $4,000 which needs to be withdrawn or it will be taxed at 6%. This $4,000 represents 100% of my contributions for 2023. Why is turbotax showing this excess contribution, and how do I correct the issue?
