Last Month Rule

kris-szalajko — Sat, 01 Jun 2019 03:17:40 GMT

I had a non-HSA health insurance plan from Jan - May 31. Beginning June 1, I enrolled in an HSA insurance plan. Does the Last Month Rule apply to me?

If you had HSA-eligible HDHP coverage on December 1 and n...

dmertz — Sat, 01 Jun 2019 03:17:41 GMT

If you had HSA-eligible HDHP coverage on December 1 and no other coverage, you qualify for a full-year's HSA contribution under the last-month rule. When you indicate to TurboTax that you had HSA-eligible coverage on December 1, 2016, TurboTax will automatically permit the full-year's contribution.

topic Last Month Rule in Retirement tax questions

Last Month Rule

If you had HSA-eligible HDHP coverage on December 1 and n...