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Returning Member
posted May 31, 2019 8:45:11 PM

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?

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?

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1 Best answer
Level 15
May 31, 2019 8:45:13 PM

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.

4 Replies
Level 15
May 31, 2019 8:45:13 PM

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.

Returning Member
May 31, 2019 8:45:15 PM

Worked.  Thank you!!!

Level 15
May 31, 2019 8:45:19 PM

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

Returning Member
May 31, 2019 8:45:19 PM

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.