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New Member
posted Apr 3, 2020 8:07:54 PM

1095-C over contribution

I am over 55 years old and made an additional $1000 contribution to my HSA account as a catch-up contribution. Is this still taxable?

0 4 374
4 Replies
Level 15
Apr 3, 2020 8:20:56 PM

how much of a contribution did you make in total? until we know that hard to state whether the extra $1000 is within the limit.  Are you single or family HSA? 

New Member
Apr 3, 2020 8:24:00 PM

I am single and made a total contribution of $4500

Level 15
Apr 3, 2020 8:26:12 PM

$4500 is the limit for single / over 55.  The additional $1000 should reduce your taxable income.  

Not applicable
Apr 4, 2020 12:19:10 AM

a 1095-c has nothing to do with an HSA.  it just shows you had insurance coverage. nothing on it gets entered on the 1040.   the other question is whom was covered by a high deductible plan.  a HDHP is defined as one 

with a deductible for 2019 of at least $1,350 for individuals and $2,700 for families with a max out-of-pocket $6750 single $13,500 family.