I had no problem with my HSA contributions in tax year 2023 but now having issues with HSA contributions for tax year 2024.
In both years, my wife and I were covered under my family HDHP. I contributed the maximum amount in both years ($8,750 in 2023 and $9,300 in 2024 - I'm 63) thru my employer. My wife is 60 and we contributed $1,000 directly into her HSA. This all worked fine last year but TT is saying I have excess contributions of $9,300 this year. When I looked at form 8889-T, it is not showing me as having family HDHP coverage. I assume that is the issue this year. This appears to be a bug within TT.
Has anyone else encountered this yet? I've entered everything correctly and consistent with last year.
Thank you.
You'll need to sign in or create an account to connect with an expert.
You must complete the HSA contributions section to indicate that you and your wife both had family HDHP coverage the entire year (assuming that neither of you had disqualifying coverage such as Medicare).
You must complete the HSA contributions section to indicate that you and your wife both had family HDHP coverage the entire year (assuming that neither of you had disqualifying coverage such as Medicare).
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
JTMyers8642
New Member
CRAM5
New Member
edmarqu
New Member
Bailey7557
Level 2
Wulin
New Member