seco
Level 1

Turbotax shows penalty for excess contribution to HSA even though I didn't go over the IRS limits for HSA

Turbotax shows penalty for excess contribution to HSA even though I didn't go over the IRS limits for HSA.

The penalty comes from your $432 penalty for making excess contributions to a Health Savings Account.

 

I've checked my HSA and my contributions are: 

Amount contributed $7,200.00
  Employer contribution $1,500.00
  Your contribution $5,700.00

Family limit $7,300.00
  Amount left$100.00

 

Neither me nor my wife have another HSA account, and we contributed as a Family, so I can't find out where exactly the penalty comes from.

 

Could it be a Turbotax glitch?