topic After I inserted 1099-SA my tax significantly reduced. I am not sure why? in Deductions & credits

After I inserted 1099-SA my tax significantly reduced. I am not sure why?

aulanovsky — Sun, 04 Apr 2021 20:17:46 GMT

After I inserted 1099-SA my tax significantly reduced. I am not sure why?

Re: After I inserted 1099-SA my tax significantly reduced. I am not sure why?

ColeenD3 — Sun, 04 Apr 2021 20:27:51 GMT

Is it possible that you had withholding on your SSA-1099? Check the form and check your entries in the program.

Re: After I inserted 1099-SA my tax significantly reduced. I am not sure why?

dmertz — Mon, 05 Apr 2021 01:23:43 GMT

Assuming that box 3 of the Form 1099-SA has code 1, did you indicate that the entire amount was used for medical expenses?

Are you itemizing medical expenses on Schedule A? If so, when TurboTax asks you to enter your medical expenses you must include the expenses paid with distributions from the HSA. TurboTax automatically subtracts from the total of the expenses entered the amount paid with distributions from the HSA.