topic HSA Excess contributions in Deductions & credits

HSA Excess contributions

shankomatic — Thu, 23 Jan 2025 20:32:01 GMT

Trying to enter my data into Turbo Tax for my HSA, it auto populates my box 12B-W column with $4150. However when going on it tells me that I overfunded my HSA by $4150. Looks like a possible bug. I have done this the past several years without issue.

Re: HSA Excess contributions

Opus 17 — Thu, 23 Jan 2025 21:37:49 GMT

You have to complete the entire HSA interview to certify that you have qualifying HDHP coverage. Until you complete that certification, the HSA contributions will be added back to your taxable income. Run the HSA interview on the Deductions page or run the 1099-SSA interview on the income page.

Re: HSA Excess contributions

BillM223 — Thu, 23 Jan 2025 21:38:07 GMT

It is more likely that you did not tell TurboTax that you had the proper HDHP coverage in the HSA interview. Another possibility, less likely, is that you accidently indicated that you were a dependent of another taxpayer (dependents cannot contribute to an HSA).

Go back into the HSA interview and make sure that you showed HDHP coverage for the year.