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Deductions & credits
Thanks for all replies. I read i8889 pdf from IRS website and have one more question.
My spouse made total HSA contributions of $1650 for year 2017 (includes both employer matching and payroll deductions) but she was ineligible for months Jan, Feb, Mar and Dec 2017 because I had general FSA.
Making the calculations according to i8889 (<a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/i8889.pdf">https://www.irs.gov/pub/irs-pdf/i8889.pdf</a>), spouse's maximum contribution limit $3400 multiplied by 8 months and dividing by 12 months gives $2266 which is still greater than the contribution of $1650 she made so wondering whether there are any excess contributions here and whether she needs to withdraw any amount before tax deadline for year 2017.
My spouse made total HSA contributions of $1650 for year 2017 (includes both employer matching and payroll deductions) but she was ineligible for months Jan, Feb, Mar and Dec 2017 because I had general FSA.
Making the calculations according to i8889 (<a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/i8889.pdf">https://www.irs.gov/pub/irs-pdf/i8889.pdf</a>), spouse's maximum contribution limit $3400 multiplied by 8 months and dividing by 12 months gives $2266 which is still greater than the contribution of $1650 she made so wondering whether there are any excess contributions here and whether she needs to withdraw any amount before tax deadline for year 2017.
‎June 4, 2019
12:24 PM