Since the amount of the HSA can be rolled over from year to year, why does it matter how much is in the gross distribution box?

[kmc9575]

Contribution of $6750.04 for 2016.  Distribution of 6837.62 from roll over.  Why is TurboTax telling me my annual contribution is over by $100, when the limit is 6750.00?

[dmertz · Accepted solution]

You need to update TurboTax.  The original CD version had a bug in that it was applying the 2015 limit until it was corrected sometime in December.

[kmc9575]

Worked.  Thank you!!!

[kmc9575]

We didn't.  Contribution $6750.  Distribution was $6837.  TurboTax is saying maximum contribution has been exceeded by $100, which is not true.  IRS maximum for 2016 was $6750.  TurboTax is giving us a choice of either withdraw the amount or pay taxes.

[dmertz]

Do not enter a rollover as a new, regular contribution.