2021 HSA Contribution Limit

[jwfleming]

TurboTax for Windows is using the wrong contribution limit for HSAs for 2021.  The contribution limit for a family HSA is $7200 not $7100.   The program wrongly reports a $100 excess contribution amount when $7200 is provided as the total of contributions and gives the option to have that amount taxed at 6% or to withdraw the $100.

[DoninGA]

The software has not yet been updated for the 2021 contribution limit.  TurboTax must wait for the IRS to finalize the forms and instructions before the software can be updated.

[VirS]

I think Turbotax should be able to correct this because the 2021 HSA contribution limits for family and individuals were established before 2021 and are well-known.