All Posts

I have filled in the worksheet using the info on the SSA-1099 and doing the final review it shows it is in error.  Suggestions??   We file jointly both in 2024 and 2025 and only one of us received the lump sum payment

I have a unique (for me) situation that I have never encountered before. My spouse and I were only covered by an HDHP for Jan-Nov in 2025. I retired in May 2024, and got to remain on my last companies HDHP via COBRA for 18 months. That means it ran out Nov-2025. I got the cheapest plan on the ACA exchange I could find for December (my spouse refused to weather a gap in insurance coverage). The plan I got was a cheapo Bronze plan that amazingly wasn't HSA eligible, and the cheapest HSA eligible plan would have cost $2500 instead of the $1500 I paid.   No biggie, until I started using TurboTax to do my taxes. I can walk it through all of the HSA questions, accept my contributions to Spouse and own accounts ($4858 each) that included a $45.83 return of excess contributions (cause I tried to contribute 11/12 of two individual + 1000 catch-ups instead of 11/12 of family max + two 1000 catch-ups). It all works, and my 1040 looks great etc.   But I am still waiting on a 1099-B and a 1099-INT (although I pretty much know what they will say... confirmed by my oddball W2 that includes the ESPP discount), so I save and exit... one step shy of e-filing.   The bug is in how it saves and then restores the "return in progress". This has happened at least three times: Saying both myself and spouse are covered by a family HDHP for Jan-Nov, but not December breaks it's brain. I can tell immediately because my $1900+ refund that was there the last time I worked on it disappears and is replaced by a $900+ ballance due. So I have to go back through and correct it, even though I now know that it will happen pretty much every time I save and return later.