topic Making HSA contributions for first time and confused about amounts. Husband and I both over 55. in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/making-hsa-contributions-for-first-time-and-confused-about-amounts-husband-and-i-both-over-55/01/512817#M65901 My husband's place of work contributes $2400 annually to a family HSA.&nbsp;&nbsp;We now need to max this out with our own contributions.&nbsp;&nbsp;As I understand it, this means we can contribute $4350 to hit the total of $6750.&nbsp;&nbsp;&nbsp;We are both over 55.&nbsp;&nbsp;Does this mean we can add another $2K?&nbsp;&nbsp;&nbsp;***&nbsp;&nbsp;Dug up statement to see if only his name was on it.&nbsp;&nbsp;His is the main name, but I have POA.&nbsp;&nbsp;&nbsp;Don't know how that does or doesn't affect this. Wed, 05 Jun 2019 02:40:55 GMT But-I-digress 2019-06-05T02:40:55Z Making HSA contributions for first time and confused about amounts. Husband and I both over 55. https://ttlc.intuit.com/community/tax-credits-deductions/discussion/making-hsa-contributions-for-first-time-and-confused-about-amounts-husband-and-i-both-over-55/01/512817#M65901 My husband's place of work contributes $2400 annually to a family HSA.&nbsp;&nbsp;We now need to max this out with our own contributions.&nbsp;&nbsp;As I understand it, this means we can contribute $4350 to hit the total of $6750.&nbsp;&nbsp;&nbsp;We are both over 55.&nbsp;&nbsp;Does this mean we can add another $2K?&nbsp;&nbsp;&nbsp;***&nbsp;&nbsp;Dug up statement to see if only his name was on it.&nbsp;&nbsp;His is the main name, but I have POA.&nbsp;&nbsp;&nbsp;Don't know how that does or doesn't affect this. Wed, 05 Jun 2019 02:40:55 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/making-hsa-contributions-for-first-time-and-confused-about-amounts-husband-and-i-both-over-55/01/512817#M65901 But-I-digress 2019-06-05T02:40:55Z Firstly, an HSA account is only owned by one person. If y... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/firstly-an-hsa-account-is-only-owned-by-one-person-if-y/01/512825#M65903 <P>Firstly, an HSA account is only owned by one person.</P><P>If your husband has qualifying HDHP family coverage, he can contribute up to $6750 plus $1000 catch-up. &nbsp;He can't contribute an additional $1000 catch-up for you because the account is in his name only.</P><P>However, <B>if you have no insurance other than your husband's qualifying family insurance</B>, then you are deemed to have qualifying HDHP family coverage and can <B>open an HSA in your name</B>. (If you can't use the bank your husband's company uses, you can shop around for another bank, try to get the lowest maintenance fees you can find.)</P><P>Then if you also have an HSA, your <B>family</B> maximum is still $6750 plus catch-up, but you each get a separate catch-up provision. &nbsp;The $6750 can be divided any way you want but the $1000 catch up is specific to each person.</P><P>So, he could contribute $7750 (employer plus employee) and you could contribute $1000 to an account in your own name by depositing after-tax dollars. &nbsp;Or he could contribute $5000 ($2400 employer plus $1600 employee plus $1000 catch up) and you could contribute $3750 ($2750 left over of the family maximum plus your $1000 catch up).</P><P>His employee contributions by payroll deduction are captured on his W-2 and counted as "employer" contributions (he agrees to a salary reduction and the employer contributes the money.) &nbsp;When the program asks you for additional contributions, only enter your out of pocket contributions not made via payroll deduction (yours, plus his if he makes any contributions that way.)</P><P>Also in turbotax, make sure you enter that you have 2 separate HSA accounts in different names and be observant to where you are entering your numbers. &nbsp;You will say that you had qualifying family insurance even if it was only through your spouse. &nbsp;On your final tax return you will have two copies of form 8889. &nbsp;(If you see any references to internal worksheets, form 8889-T is for the taxpayer who is named first/top on the form, and form 8889-S is the spouse's form.)</P> Wed, 05 Jun 2019 02:40:57 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/firstly-an-hsa-account-is-only-owned-by-one-person-if-y/01/512825#M65903 Opus 17 2019-06-05T02:40:57Z Added info: If you have separate single health insurance... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/added-info-if-you-have-separate-single-health-insurance/01/512832#M65905 Added info:<BR />If you have separate single health insurance that is HDHP and qualified for an HSA, then the limit in your personal account is $3350 plus $1000 catch up.&nbsp;&nbsp;The overall family limit is still $6750 plus catch up, but having a single HSA instead of a family HSA limits the ways you can divide the contributions.<BR /><BR />And, if you have separate single health insurance that is not HDHP and not qualified for an HSA, then you can't make any contributions and his contribution limit is $6750 plus $1000 catch up.&nbsp;&nbsp;You can't use your personal $1000 catch up if you aren't eligible for your own HSA. Wed, 05 Jun 2019 02:40:59 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/added-info-if-you-have-separate-single-health-insurance/01/512832#M65905 Opus 17 2019-06-05T02:40:59Z The added info is not quite right.  If both spouses are H... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-added-info-is-not-quite-right-if-both-spouses-are-h/01/512838#M65907 The added info is not quite right.&nbsp;&nbsp;If both spouses are HSA-eligible and one spouse has family HDHP coverage, both spouses are deemed to have family coverage for the purpose of an HSA contribution, allowing the $6,750 regular family limit to be split between the two spouses' HSA in any way desired.&nbsp;&nbsp;In this situation, in TurboTax requires you to indicate that both spouses have a family HDHP plan. Wed, 05 Jun 2019 02:41:00 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-added-info-is-not-quite-right-if-both-spouses-are-h/01/512838#M65907 dmertz 2019-06-05T02:41:00Z Oops, ok.  (The other part is still right, though.) https://ttlc.intuit.com/community/tax-credits-deductions/discussion/oops-ok-the-other-part-is-still-right-though/01/512875#M65924 Oops, ok.&nbsp;&nbsp;(The other part is still right, though.) Wed, 05 Jun 2019 02:41:02 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/oops-ok-the-other-part-is-still-right-though/01/512875#M65924 Opus 17 2019-06-05T02:41:02Z Wow, that's a lot to take in.   I am on his HDHP health i... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/wow-that-s-a-lot-to-take-in-i-am-on-his-hdhp-health-i/01/512880#M65928 Wow, that's a lot to take in.&nbsp;&nbsp;&nbsp;I am on his HDHP health insurance and nothing else. (Neither of us has hit Medicare yet.)<BR /><BR />I was actually on the phone with someone from TurboTax when your answer came in, because I had called with a question about a problem with the website itself, but she ended up turning me over to a tax professional.&nbsp;&nbsp;&nbsp;<BR /><BR />I had read elsewhere (on top of the 10 pages I printed out from IRS.gov) that he and I could *both* set up separate single accounts and take $1K catch-ups for all three.&nbsp;&nbsp;Don't know if that's legit and not particularly looking for every loophole.&nbsp;&nbsp;At first Kelly, the TT woman with whom I just spoke, said I couldn't do what you said, then, when I started reading to her from your first reply, above, she said I could but still left me befuddled.<BR /><BR />If I open a separate HSA in my name, will the one in my husband's name still be a family account?&nbsp;&nbsp;I'm assuming that if I open an HSA in my name, I'm the only one who can use the money from it.&nbsp;&nbsp;&nbsp;Will I also still be able to take distributions from his?<BR /><BR />If I open my own with $1,000 after-tax dollars, will that amount be deductible when I file because it's catch-up, even if I don't (probably can't) add anything else for 2017? Wed, 05 Jun 2019 02:41:08 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/wow-that-s-a-lot-to-take-in-i-am-on-his-hdhp-health-i/01/512880#M65928 But-I-digress 2019-06-05T02:41:08Z Sigh...in between comments added while I was still typing... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sigh-in-between-comments-added-while-i-was-still-typing/01/512885#M65930 Sigh...in between comments added while I was still typing.&nbsp;&nbsp;Let me see if I can figure out how those fit in. Wed, 05 Jun 2019 02:41:09 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sigh-in-between-comments-added-while-i-was-still-typing/01/512885#M65930 But-I-digress 2019-06-05T02:41:09Z Your overall limit is $6750 plus $1000 for you plus $1000... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/your-overall-limit-is-6750-plus-1000-for-you-plus-1000/01/512891#M65932 Your overall limit is $6750 plus $1000 for you plus $1000 for him.&nbsp;&nbsp;There is no "all three" loophole.&nbsp;&nbsp;(If you are HSA eligible, you can have as many separate accounts as you want, 2, 3 or 50, but the overall contribution limit is the same.)<BR /><BR />If your husband has qualifying family insurance, then both HSAs are considered family HSAs, but they share the overall annual maximums.<BR /><BR />Anything that you or your husband contribute out of pocket is tax deductible on your tax return as long as you keep to the individual and overall limits.&nbsp;&nbsp;You each have an individual limit of $7750, and a family overall limit of $8750. Wed, 05 Jun 2019 02:41:10 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/your-overall-limit-is-6750-plus-1000-for-you-plus-1000/01/512891#M65932 Opus 17 2019-06-05T02:41:10Z So......an HSA opened in my name would allow for an addit... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/so-an-hsa-opened-in-my-name-would-allow-for-an-addit/01/512902#M65935 So......an HSA opened in my name would allow for an additional $1,000 contribution; it would be part of the total family contributions allowed (as expected), but he and I could both use money from either one....? Wed, 05 Jun 2019 02:41:11 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/so-an-hsa-opened-in-my-name-would-allow-for-an-addit/01/512902#M65935 But-I-digress 2019-06-05T02:41:11Z dmertz, I appreciate that information, because I would ne... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/dmertz-i-appreciate-that-information-because-i-would-ne/01/512911#M65937 dmertz, I appreciate that information, because I would never have thought that the answer to whether both both of us had family HDHP plans was yes. Wed, 05 Jun 2019 02:41:13 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/dmertz-i-appreciate-that-information-because-i-would-ne/01/512911#M65937 But-I-digress 2019-06-05T02:41:13Z dmertz, I appreciate that information, because I would ne... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/dmertz-i-appreciate-that-information-because-i-would-ne/01/512915#M65938 dmertz, I appreciate that information, because I would never have thought that the answer to whether both both of us had family HDHP plans was yes. Wed, 05 Jun 2019 02:41:14 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/dmertz-i-appreciate-that-information-because-i-would-ne/01/512915#M65938 But-I-digress 2019-06-05T02:41:14Z If you choose to allocate the entire $6,750 regular famil... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-choose-to-allocate-the-entire-6-750-regular-famil/01/512921#M65939 If you choose to allocate the entire $6,750 regular family contribution as a contribution to your husband's HSA, you could then only make a $1,000 catch-up contribution to your own HSA.&nbsp;&nbsp;(Your husband is also separately allowed a $1,000 catch-up to his HSA for a total contribution of $7,750 to his HSA.)<BR /><BR />Distributions from either of your HSAs can be used to cover qualified medical expenses for either of your or your qualifying dependents, if any. Wed, 05 Jun 2019 02:41:16 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-choose-to-allocate-the-entire-6-750-regular-famil/01/512921#M65939 dmertz 2019-06-05T02:41:16Z When you have an HSA, you can use it to pay for medical e... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/when-you-have-an-hsa-you-can-use-it-to-pay-for-medical-e/01/512927#M65940 When you have an HSA, you can use it to pay for medical expenses for yourself, a spouse or your dependents.&nbsp;&nbsp;The rules for spending the money aren't related to the rules for contributing. Wed, 05 Jun 2019 02:41:17 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/when-you-have-an-hsa-you-can-use-it-to-pay-for-medical-e/01/512927#M65940 Opus 17 2019-06-05T02:41:17Z Thanks, you two.  Very helpful. https://ttlc.intuit.com/community/tax-credits-deductions/discussion/thanks-you-two-very-helpful/01/512936#M65941 Thanks, you two.&nbsp;&nbsp;Very helpful. Wed, 05 Jun 2019 02:41:18 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/thanks-you-two-very-helpful/01/512936#M65941 But-I-digress 2019-06-05T02:41:18Z
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topic Making HSA contributions for first time and confused about amounts. Husband and I both over 55. in Deductions & credits
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/making-hsa-contributions-for-first-time-and-confused-about-amounts-husband-and-i-both-over-55/01/512817#M65901
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<description>
My husband's place of work contributes $2400 annually to a family HSA.&nbsp;&nbsp;We now need to max this out with our own contributions.&nbsp;&nbsp;As I understand it, this means we can contribute $4350 to hit the total of $6750.&nbsp;&nbsp;&nbsp;We are both over 55.&nbsp;&nbsp;Does this mean we can add another $2K?&nbsp;&nbsp;&nbsp;***&nbsp;&nbsp;Dug up statement to see if only his name was on it.&nbsp;&nbsp;His is the main name, but I have POA.&nbsp;&nbsp;&nbsp;Don't know how that does or doesn't affect this.
</description>
<pubDate>Wed, 05 Jun 2019 02:40:55 GMT</pubDate>
<dc:creator>But-I-digress</dc:creator>
<dc:date>2019-06-05T02:40:55Z</dc:date>
<item>
<title>
Making HSA contributions for first time and confused about amounts. Husband and I both over 55.
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/making-hsa-contributions-for-first-time-and-confused-about-amounts-husband-and-i-both-over-55/01/512817#M65901
</link>
<description>
My husband's place of work contributes $2400 annually to a family HSA.&nbsp;&nbsp;We now need to max this out with our own contributions.&nbsp;&nbsp;As I understand it, this means we can contribute $4350 to hit the total of $6750.&nbsp;&nbsp;&nbsp;We are both over 55.&nbsp;&nbsp;Does this mean we can add another $2K?&nbsp;&nbsp;&nbsp;***&nbsp;&nbsp;Dug up statement to see if only his name was on it.&nbsp;&nbsp;His is the main name, but I have POA.&nbsp;&nbsp;&nbsp;Don't know how that does or doesn't affect this.
</description>
<pubDate>Wed, 05 Jun 2019 02:40:55 GMT</pubDate>
<guid>
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<dc:creator>But-I-digress</dc:creator>
<dc:date>2019-06-05T02:40:55Z</dc:date>
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<item>
<title>
Firstly, an HSA account is only owned by one person. If y...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/firstly-an-hsa-account-is-only-owned-by-one-person-if-y/01/512825#M65903
</link>
<description>
<P>Firstly, an HSA account is only owned by one person.</P><P>If your husband has qualifying HDHP family coverage, he can contribute up to $6750 plus $1000 catch-up. &nbsp;He can't contribute an additional $1000 catch-up for you because the account is in his name only.</P><P>However, <B>if you have no insurance other than your husband's qualifying family insurance</B>, then you are deemed to have qualifying HDHP family coverage and can <B>open an HSA in your name</B>. (If you can't use the bank your husband's company uses, you can shop around for another bank, try to get the lowest maintenance fees you can find.)</P><P>Then if you also have an HSA, your <B>family</B> maximum is still $6750 plus catch-up, but you each get a separate catch-up provision. &nbsp;The $6750 can be divided any way you want but the $1000 catch up is specific to each person.</P><P>So, he could contribute $7750 (employer plus employee) and you could contribute $1000 to an account in your own name by depositing after-tax dollars. &nbsp;Or he could contribute $5000 ($2400 employer plus $1600 employee plus $1000 catch up) and you could contribute $3750 ($2750 left over of the family maximum plus your $1000 catch up).</P><P>His employee contributions by payroll deduction are captured on his W-2 and counted as "employer" contributions (he agrees to a salary reduction and the employer contributes the money.) &nbsp;When the program asks you for additional contributions, only enter your out of pocket contributions not made via payroll deduction (yours, plus his if he makes any contributions that way.)</P><P>Also in turbotax, make sure you enter that you have 2 separate HSA accounts in different names and be observant to where you are entering your numbers. &nbsp;You will say that you had qualifying family insurance even if it was only through your spouse. &nbsp;On your final tax return you will have two copies of form 8889. &nbsp;(If you see any references to internal worksheets, form 8889-T is for the taxpayer who is named first/top on the form, and form 8889-S is the spouse's form.)</P>
</description>
<pubDate>Wed, 05 Jun 2019 02:40:57 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/firstly-an-hsa-account-is-only-owned-by-one-person-if-y/01/512825#M65903
</guid>
<dc:creator>Opus 17</dc:creator>
<dc:date>2019-06-05T02:40:57Z</dc:date>
</item>
<item>
<title>
Added info: If you have separate single health insurance...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/added-info-if-you-have-separate-single-health-insurance/01/512832#M65905
</link>
<description>
Added info:<BR />If you have separate single health insurance that is HDHP and qualified for an HSA, then the limit in your personal account is $3350 plus $1000 catch up.&nbsp;&nbsp;The overall family limit is still $6750 plus catch up, but having a single HSA instead of a family HSA limits the ways you can divide the contributions.<BR /><BR />And, if you have separate single health insurance that is not HDHP and not qualified for an HSA, then you can't make any contributions and his contribution limit is $6750 plus $1000 catch up.&nbsp;&nbsp;You can't use your personal $1000 catch up if you aren't eligible for your own HSA.
</description>
<pubDate>Wed, 05 Jun 2019 02:40:59 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/added-info-if-you-have-separate-single-health-insurance/01/512832#M65905
</guid>
<dc:creator>Opus 17</dc:creator>
<dc:date>2019-06-05T02:40:59Z</dc:date>
</item>
<item>
<title>
The added info is not quite right.  If both spouses are H...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-added-info-is-not-quite-right-if-both-spouses-are-h/01/512838#M65907
</link>
<description>
The added info is not quite right.&nbsp;&nbsp;If both spouses are HSA-eligible and one spouse has family HDHP coverage, both spouses are deemed to have family coverage for the purpose of an HSA contribution, allowing the $6,750 regular family limit to be split between the two spouses' HSA in any way desired.&nbsp;&nbsp;In this situation, in TurboTax requires you to indicate that both spouses have a family HDHP plan.
</description>
<pubDate>Wed, 05 Jun 2019 02:41:00 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-added-info-is-not-quite-right-if-both-spouses-are-h/01/512838#M65907
</guid>
<dc:creator>dmertz</dc:creator>
<dc:date>2019-06-05T02:41:00Z</dc:date>
</item>
<item>
<title>
Oops, ok.  (The other part is still right, though.)
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/oops-ok-the-other-part-is-still-right-though/01/512875#M65924
</link>
<description>
Oops, ok.&nbsp;&nbsp;(The other part is still right, though.)
</description>
<pubDate>Wed, 05 Jun 2019 02:41:02 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/oops-ok-the-other-part-is-still-right-though/01/512875#M65924
</guid>
<dc:creator>Opus 17</dc:creator>
<dc:date>2019-06-05T02:41:02Z</dc:date>
</item>
<item>
<title>
Wow, that's a lot to take in.   I am on his HDHP health i...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/wow-that-s-a-lot-to-take-in-i-am-on-his-hdhp-health-i/01/512880#M65928
</link>
<description>
Wow, that's a lot to take in.&nbsp;&nbsp;&nbsp;I am on his HDHP health insurance and nothing else. (Neither of us has hit Medicare yet.)<BR /><BR />I was actually on the phone with someone from TurboTax when your answer came in, because I had called with a question about a problem with the website itself, but she ended up turning me over to a tax professional.&nbsp;&nbsp;&nbsp;<BR /><BR />I had read elsewhere (on top of the 10 pages I printed out from IRS.gov) that he and I could *both* set up separate single accounts and take $1K catch-ups for all three.&nbsp;&nbsp;Don't know if that's legit and not particularly looking for every loophole.&nbsp;&nbsp;At first Kelly, the TT woman with whom I just spoke, said I couldn't do what you said, then, when I started reading to her from your first reply, above, she said I could but still left me befuddled.<BR /><BR />If I open a separate HSA in my name, will the one in my husband's name still be a family account?&nbsp;&nbsp;I'm assuming that if I open an HSA in my name, I'm the only one who can use the money from it.&nbsp;&nbsp;&nbsp;Will I also still be able to take distributions from his?<BR /><BR />If I open my own with $1,000 after-tax dollars, will that amount be deductible when I file because it's catch-up, even if I don't (probably can't) add anything else for 2017?
</description>
<pubDate>Wed, 05 Jun 2019 02:41:08 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/wow-that-s-a-lot-to-take-in-i-am-on-his-hdhp-health-i/01/512880#M65928
</guid>
<dc:creator>But-I-digress</dc:creator>
<dc:date>2019-06-05T02:41:08Z</dc:date>
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<item>
<title>
Sigh...in between comments added while I was still typing...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sigh-in-between-comments-added-while-i-was-still-typing/01/512885#M65930
</link>
<description>
Sigh...in between comments added while I was still typing.&nbsp;&nbsp;Let me see if I can figure out how those fit in.
</description>
<pubDate>Wed, 05 Jun 2019 02:41:09 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sigh-in-between-comments-added-while-i-was-still-typing/01/512885#M65930
</guid>
<dc:creator>But-I-digress</dc:creator>
<dc:date>2019-06-05T02:41:09Z</dc:date>
</item>
<item>
<title>
Your overall limit is $6750 plus $1000 for you plus $1000...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/your-overall-limit-is-6750-plus-1000-for-you-plus-1000/01/512891#M65932
</link>
<description>
Your overall limit is $6750 plus $1000 for you plus $1000 for him.&nbsp;&nbsp;There is no "all three" loophole.&nbsp;&nbsp;(If you are HSA eligible, you can have as many separate accounts as you want, 2, 3 or 50, but the overall contribution limit is the same.)<BR /><BR />If your husband has qualifying family insurance, then both HSAs are considered family HSAs, but they share the overall annual maximums.<BR /><BR />Anything that you or your husband contribute out of pocket is tax deductible on your tax return as long as you keep to the individual and overall limits.&nbsp;&nbsp;You each have an individual limit of $7750, and a family overall limit of $8750.
</description>
<pubDate>Wed, 05 Jun 2019 02:41:10 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/your-overall-limit-is-6750-plus-1000-for-you-plus-1000/01/512891#M65932
</guid>
<dc:creator>Opus 17</dc:creator>
<dc:date>2019-06-05T02:41:10Z</dc:date>
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<item>
<title>
So......an HSA opened in my name would allow for an addit...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/so-an-hsa-opened-in-my-name-would-allow-for-an-addit/01/512902#M65935
</link>
<description>
So......an HSA opened in my name would allow for an additional $1,000 contribution; it would be part of the total family contributions allowed (as expected), but he and I could both use money from either one....?
</description>
<pubDate>Wed, 05 Jun 2019 02:41:11 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/so-an-hsa-opened-in-my-name-would-allow-for-an-addit/01/512902#M65935
</guid>
<dc:creator>But-I-digress</dc:creator>
<dc:date>2019-06-05T02:41:11Z</dc:date>
</item>
<item>
<title>
dmertz, I appreciate that information, because I would ne...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/dmertz-i-appreciate-that-information-because-i-would-ne/01/512911#M65937
</link>
<description>
dmertz, I appreciate that information, because I would never have thought that the answer to whether both both of us had family HDHP plans was yes.
</description>
<pubDate>Wed, 05 Jun 2019 02:41:13 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/dmertz-i-appreciate-that-information-because-i-would-ne/01/512911#M65937
</guid>
<dc:creator>But-I-digress</dc:creator>
<dc:date>2019-06-05T02:41:13Z</dc:date>
</item>
<item>
<title>
dmertz, I appreciate that information, because I would ne...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/dmertz-i-appreciate-that-information-because-i-would-ne/01/512915#M65938
</link>
<description>
dmertz, I appreciate that information, because I would never have thought that the answer to whether both both of us had family HDHP plans was yes.
</description>
<pubDate>Wed, 05 Jun 2019 02:41:14 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/dmertz-i-appreciate-that-information-because-i-would-ne/01/512915#M65938
</guid>
<dc:creator>But-I-digress</dc:creator>
<dc:date>2019-06-05T02:41:14Z</dc:date>
</item>
<item>
<title>
If you choose to allocate the entire $6,750 regular famil...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-choose-to-allocate-the-entire-6-750-regular-famil/01/512921#M65939
</link>
<description>
If you choose to allocate the entire $6,750 regular family contribution as a contribution to your husband's HSA, you could then only make a $1,000 catch-up contribution to your own HSA.&nbsp;&nbsp;(Your husband is also separately allowed a $1,000 catch-up to his HSA for a total contribution of $7,750 to his HSA.)<BR /><BR />Distributions from either of your HSAs can be used to cover qualified medical expenses for either of your or your qualifying dependents, if any.
</description>
<pubDate>Wed, 05 Jun 2019 02:41:16 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-choose-to-allocate-the-entire-6-750-regular-famil/01/512921#M65939
</guid>
<dc:creator>dmertz</dc:creator>
<dc:date>2019-06-05T02:41:16Z</dc:date>
</item>
<item>
<title>
When you have an HSA, you can use it to pay for medical e...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/when-you-have-an-hsa-you-can-use-it-to-pay-for-medical-e/01/512927#M65940
</link>
<description>
When you have an HSA, you can use it to pay for medical expenses for yourself, a spouse or your dependents.&nbsp;&nbsp;The rules for spending the money aren't related to the rules for contributing.
</description>
<pubDate>Wed, 05 Jun 2019 02:41:17 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/when-you-have-an-hsa-you-can-use-it-to-pay-for-medical-e/01/512927#M65940
</guid>
<dc:creator>Opus 17</dc:creator>
<dc:date>2019-06-05T02:41:17Z</dc:date>
</item>
<item>
<title>Thanks, you two.  Very helpful.</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/thanks-you-two-very-helpful/01/512936#M65941
</link>
<description>Thanks, you two.&nbsp;&nbsp;Very helpful.</description>
<pubDate>Wed, 05 Jun 2019 02:41:18 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/thanks-you-two-very-helpful/01/512936#M65941
</guid>
<dc:creator>But-I-digress</dc:creator>
<dc:date>2019-06-05T02:41:18Z</dc:date>
</item>
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