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Retirement tax questions
@BillM223 I am using the desktop version of TT Home & Business (Windows), and yes it is updated. I see this problem after going through the sequence to enter a 1099-SA (under deductions and credits/medical). In the middle of the sequence it correctly shows that my payroll contributions were $8000. I had an HDHP all year so there are no prorations etc. No special circumstances either (medicare, etc). On a subsequent screen it says "You may want to withdraw money from your HSA"/"It looks like you have an excess contribution of $100. This amount is being taxed an extra 6%." It asks me if I plan to withdraw the $100 on that screen, I say no. The ending "HSA Summary" screen has these two lines in it:
Taxable employer contributions $100
Tax-free employer contributions $7900
This is clearly incorrect. There is no excess contribution but TT thinks there is.