BillM223
Here are the answers to your questions.
1. In 2020 and in 2021, what type of HDHP coverage did you have? Family or Self-only? Self-only, I assume?
I have “self-only” HDHP coverage through my employer.
2. What was in boxes 1, 2, 3 on your 5498-SA. (you said 5,800 in box 2)?
2018, Age 53, 5498-SA, box1=0, box2=$2250, box3=0, box4=0, W-2 box12W=$2250
2019, Age 54, 5498-SA, box1=0, box2=$2250, box3=$1250, box4=0, W-2 box12W=$2250
2020, Age 55, 5498-SA, box1=0, box2=$5800, box3=0, box4=0, W-2 box12W=$4550 (for my 2020 tax return, I failed to reduce the box 2 by the $1250 that I contributed in 3/24/2020 to my 2019 HSA)
2021, Age 56, 5498-SA, box1=0, box2=$4600, box3=0, box4=0, W-2 box12W=$460
3. Are you 55+?
I turned 55 in 2020.
4. In 2020, did TurboTax say anything to you about excess contributions for 2019?
Yes, but I just paid the extra income tax on the excess and tax on its dividends.
5. What was code W in box 12 on your W-2 for 2021?
$4600
6. Did you make any direct contributions to your HSA in 2021? i.e., not through your employer.
No
7. What did you enter on the screen, "Let's do [name]'s HSA contributions" on the second line for "personal" contributions?
$0
Thanks, Tod
