I'm currently employed and enrolled in our company's HDHP with an HSA. I turn 65 last August and enrolled in Medicare Part A as I was told that I was required to do.
In preparing our 2024 taxes with TurboTax, I discovered that when I enrolled in Medicare Part A, I should have stopped contributing to the HSA.
However, the HSA (pre-tax) contributions continued.
I relize the pre-tax HSA contribution must cease. And, I probably need to pay taxes on the HSA contributions made in Sept, Oct, Nov and December 2024.
I have the following questions I hope that you'll be able to help with:
1. How, using TurboTax, do I include the HSA contributions from Sept - Dec in my 2024 taxes?
2. Now enrolled in Medicare Part A; Am I still able to enroll in the HDHP plan without the pre-tax HSA contributions?
3. Can I make post-tax contribution (transfer funds) to my HSA account?
Thank you in advance.
