Yes, if you don't complete the entire HSA section, you may see a penalty for over contributing to your HSA.
Here's how to complete the entire HSA section:
- Sign in to your TurboTax account.
- Select Deductions & Credits.
- Scroll down to Medical, select Start to the right of 1099-SA, HSA, MSA.
- Answer the questions according to your situation.
- You will be asked about the accounts you have, your 1099-SA, and your HDHP coverage.
- Keep going until you have answered all of the questions in the section.
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